Douglas R. Lebda - 22 Nov 2021 Form 4 Insider Report for LendingTree, Inc. (TREE)

Role
Chairman & CEO, Director, 10%+ Owner
Signature
/s/ Lisa M. Young, as Attorney-in-Fact for Douglas R. Lebda
Issuer symbol
TREE
Transactions as of
22 Nov 2021
Net transactions value
-$6,951,650
Form type
4
Filing time
23 Nov 2021, 15:24:56 UTC
Previous filing
01 Oct 2021
Next filing
14 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TREE Common Stock Options Exercise $1,114,500 +150,000 +21% $7.43 856,263 22 Nov 2021 Direct
transaction TREE Common Stock Tax liability $8,066,150 -63,150 -7.4% $127.73 793,113 22 Nov 2021 Direct
holding TREE Common Stock 5,343 22 Nov 2021 By Spouse. F2
holding TREE Common Stock 45,374 22 Nov 2021 Through Family Trust.
holding TREE Common Stock 1,000,000 22 Nov 2021 Through Lebda Family Holdings, LLC. F3

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 TREE Options to Purchase Common Shares Options Exercise $0 -150,000 -100% $0.000000* 0 22 Nov 2021 Common Stock 150,000 $7.43 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These options to purchase common stock vest in three equal annual installments beginning on March 1, 2013 in accordance with the terms of the original award agreement.
F2 The reporting person disclaims beneficial ownership of the shares, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the shares for purposes of Section 16 or any other purpose.
F3 The reporting person disclaims beneficial ownership of the shares in which he does not have a pecuniary interest, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such shares for purposes of Section 16 or for any other purpose.