AI assistant
Match Group, Inc. — Director's Dealing 2019
Feb 14, 2019
30682_dirs_2019-02-14_119eb72e-785b-410b-a4e9-fc4c5e1ab655.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: IAC/INTERACTIVECORP (IAC)
CIK: 0000891103
Period of Report: 2019-02-12
Reporting Person: Stein Mark J (EVP & CSO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-02-12 | Restricted Stock Units | $0 | A | 4494 | Acquired | 2022-02-12 | Common Stock, par value $0.001 (4494) | Direct |
| 2019-02-12 | Restricted Stock Units | $0 | A | 8988 | Acquired | 2024-02-12 | Common Stock, par value $0.001 (8988) | Direct |
Footnotes
F1: Represents performance-based restricted stock units that vest on any day during the three year period following the grant date after any 10 consecutive trading day period during which the closing price per share of IAC common stock is equal to or greater than $267.00 (a 20% increase to the closing price of IAC common stock on the grant date), subject to the reporting person's employment on the date the performance requirement is satisfied. Shares of IAC common stock acquired upon the vesting of these performance-based restricted stock units may not be sold until the earlier of: (x) one year from the vesting date or (y) the original term of the award (three years).
F2: Represents performance-based restricted stock units that vest on any day during the five year period following the grant date after any 10 consecutive trading day period during which the closing price per share of IAC common stock is equal to or greater than $333.75 (a 50% increase to the closing price of IAC common stock on the grant date), subject to the reporting person's employment on the date the performance requirement is satisfied. Shares of IAC common stock acquired upon the vesting of these performance-based restricted stock units may not be sold until the earlier of: (x) one year from the vesting date or (y) the original term of the award (five years).