TripAdvisor, Inc. — Director's Dealing 2012

May 8, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TripAdvisor, Inc. (TRIP)
CIK: 0001526520
Period of Report: 2012-05-04

Reporting Person: Kaufer Stephen (Director, CEO and Pres.)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-05-04	Options to Purchase Common Stock	$40.2000	A	250000.0000	Acquired	2022-05-04	Common Stock (250000.0000)	Direct

Footnotes

F1: Date at which first vesting occurs is indicated. One-fourth of the total number of options vests on the first vesting date and an additional one-fourth each anniversary thereafter until the options are fully vested.