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Match Group, Inc. — Director's Dealing 2020
Sep 4, 2020
30682_dirs_2020-09-04_8e22974c-9c81-45be-b307-84654bad241e.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: Match Group, Inc. (MTCH)
CIK: 0000891103
Period of Report: 2020-06-30
Reporting Person: SPOON ALAN G (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-06-30 | Common Stock, par value $0.001 | A | 218728 | $0.00 | Acquired | 218728 | Direct |
| 2020-06-30 | Common Stock, par value $0.001 | A | 61831 | $0.00 | Acquired | 280559 | Direct |
Footnotes
F1: Pursuant to the terms of the transaction agreement, dated as of December 19, 2019 (as amended, the "Transaction Agreement"), by and among the Issuer, Match Group, Inc., IAC Holdings, Inc. ("New IAC"), a direct wholly owned subsidiary of the Issuer, and Valentine Merger Sub LLC, an indirect wholly owned subsidiary of the Issuer, (i) the shares of common stock automatically converted into (a) shares of the Issuer's Class M common stock (which was subsequently renamed Match Group, Inc. common stock) based on the Reclassification Exchange Ratio (as calculated pursuant to the Transaction Agreement) and (b) shares of New IAC common stock, on a one-for-one basis, and (ii) the share units automatically converted into restricted stock units of New IAC corresponding to shares of New IAC's common stock, on a basis that preserves the fair market value of such awards immediately before and immediately after the conversion.
F2: Pursuant to the terms of the Transaction Agreement, shares of pre-separation Match Group, Inc. automatically converted into (i) 1 share of the Issuer's Class M common stock (which was subsequently renamed Match Group, Inc. common stock) and (ii) at the holder's election, either (a) $3.00 per share in cash or (b) 0.0337 of a share of the Issuer's Class M common stock (which was subsequently renamed Match Group, Inc. common stock).