Scott Peyree - Aug 4, 2022 Form 4 Insider Report for LendingTree, Inc. (TREE)

Role
President, Insurance
Signature
Lisa M. Young, as Attorney-in-Fact for Scott Peyree
Stock symbol
TREE
Transactions as of
Aug 4, 2022
Transactions value $
-$60,438
Form type
4
Date filed
8/5/2022, 05:52 PM
Previous filing
Mar 4, 2022
Next filing
Mar 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TREE Common Stock Options Exercise +5.59K +323.61% 7.32K Aug 4, 2022 Direct F1
transaction TREE Common Stock Tax liability -$60.4K -1.37K -18.69% $44.18 5.95K Aug 4, 2022 Direct
holding TREE Common Stock 9.62K Aug 4, 2022 Through a revocable trust.
holding TREE Common Stock 1.69K Aug 4, 2022 Through a grantor retained annuity trust. F2
holding TREE Common Stock 1.69K Aug 4, 2022 Through a grantor retained annuity trust.

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 Restricted Stock Units Options Exercise $0 -5.59K -33.33% $0.00 11.2K Aug 4, 2022 Common Stock 5.59K $0.00 Direct 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 The reporting person's spouse is the sole beneficiary of this grantor retained annuity trust. 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 These restricted stock units vest in a three substantially equal annual installments beginning on August 4, 2022, in accordance with the terms of the original award agreement.