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Match Group, Inc. — Director's Dealing 2019
Aug 27, 2019
30682_dirs_2019-08-27_06a1ce67-eebe-4d3f-aa36-8dc7a3c30951.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: IAC/INTERACTIVECORP (IAC)
CIK: 0000891103
Period of Report: 2019-08-23
Reporting Person: Von Furstenberg Alexander (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-08-23 | Class B Common Stock | $0 | J | 94848 | Disposed | Common Stock, par value $0.001 (94848) | Indirect |
Footnotes
F1: Represents shares of IAC Class B common stock that are convertible at the option of the holder on a one-for-one basis into shares of IAC common stock at any time and do not have an expiration date. Each share of IAC Class B common stock is entitled to ten votes per share and each share of IAC common stock is entitled to one vote per share.
F2: Represents shares of IAC Class B common stock transferred from a trust for the benefit of certain family members of Barry Diller (Mr. Von Furstenberg's stepfather) to Mr. Diller in connection with the long-term estate planning of Mr. Diller and his family. Such transfer was in satisfaction of a promissory note payable to Mr. Diller in the aggregate amount of approximately $24.6 million.
F3: Held by a family trust over which Mr. Von Furstenberg has investment power. Mr. Von Furstenberg disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.