TripAdvisor, Inc. — Director's Dealing 2016

May 13, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TripAdvisor, Inc. (TRIP)
CIK: 0001526520
Period of Report: 2016-05-11

Reporting Person: Halpin Dermot (President, Vacation Rentals)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-05-11	Common Stock, Par Value $.001 Per Share	M	5000	$29.48	Acquired	7926	Direct
2016-05-11	Common Stock, Par Value $.001 Per Share	S	5000	$66.22	Disposed	2926	Direct
2016-05-11	Common Stock, Par Value $.001 Per Share	S	2026	$66.19	Disposed	900	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-05-11	Stock Option (Right to Buy)	$29.48	M	5000	Disposed	2018-11-30	Common Stock (5000)	Direct

Footnotes

F1: The transaction was executed in multiple trades with a weighted average sales price of $66.19. The reporting person undertakes to provide information regarding the number of shares and prices at which the transaction was effected upon request of the SEC staff, the issuer or a security holder of the issuer.