Sharmistha Dubey - 01 Dec 2022 Form 4 Insider Report for Match Group, Inc. (MTCH)

Role
Director
Signature
Francisco J. Villamar as Attorney-in-Fact for Sharmistha Dubey
Issuer symbol
MTCH
Transactions as of
01 Dec 2022
Net transactions value
-$1,488,335
Form type
4
Filing time
02 Dec 2022, 17:11:44 UTC
Previous filing
06 Sep 2022
Next filing
22 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTCH Common Stock, par value $0.001 Options Exercise +63,785 +25% 320,683 01 Dec 2022 Direct F1
transaction MTCH Common Stock, par value $0.001 Options Exercise +11,018 +3.4% 331,701 01 Dec 2022 Direct F1
transaction MTCH Common Stock, par value $0.001 Tax liability $1,488,335 -29,437 -8.9% $50.56 302,264 01 Dec 2022 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MTCH Restricted Stock Units Options Exercise $0 -63,785 -67% $0.000000 31,893 01 Dec 2022 Common Stock, par value $0.001 63,785 Direct F1, F2
transaction MTCH Restricted Stock Units Options Exercise $0 -11,018 -50% $0.000000 11,018 01 Dec 2022 Common Stock, par value $0.001 11,018 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 Represents restricted stock units that vested/vest (i) as to one-half on May 31, 2022, which vesting settled on December 1, 2022 pursuant to the reporting person's employment agreement with the issuer and Section 409A of the Internal Revenue Code, (ii) as to one-fourth on September 1, 2022, and (iii) as to one-fourth on September 1, 2023, subject to continued service. The original vesting schedule was modified pursuant to the reporting person's employment agreement and voluntary termination of employment on May 31, 2022.
F3 Represents restricted stock units that vested/vest (i) as to one-third on February 19, 2022, (ii) as to one-third on May 31, 2022, which vesting settled on December 1, 2022 pursuant to the reporting person's employment agreement with the issuer and Section 409A of the Internal Revenue Code, (iii) as to one-sixth on February 19, 2023, and (iv) as to one-sixth on February 19, 2024, subject to continued service. The original vesting schedule was modified pursuant to the reporting person's employment agreement and voluntary termination of employment on May 31, 2022.