Douglas R. Lebda - 06 Dec 2022 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
06 Dec 2022
Net transactions value
-$909,592
Form type
4
Filing time
08 Dec 2022, 16:14:45 UTC
Previous filing
04 Oct 2022
Next filing
14 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TREE Common Stock Gift $0 -45,374 -100% $0.000000* 0 01 Dec 2022 Through Family Trust. F1
transaction TREE Common Stock Gift $0 +45,374 $0.000000 45,374 01 Dec 2022 Through 2022 Lebda Family Holdings LLC. F1
transaction TREE Common Stock Sale $909,592 -40,000 -4% $22.74 960,000 06 Dec 2022 Through Lebda Family Holdings, LLC. F2, F3
holding TREE Common Stock 321,084 06 Dec 2022 Direct
holding TREE Common Stock 455,000 06 Dec 2022 Through 2021 Lebda Family Holdings LLC.
holding TREE Common Stock 5,757 06 Dec 2022 By Spouse. F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transaction represents a transfer of shares from the Lebda Family Trust to the 2022 Lebda Family Holdings LLC. On December 2, 2022, the trustee of the Lebda Family Trust assigned 100% of the membership interest in the 2022 Lebda Family Holdings LLC to the Lebda Family Non-Exempt Irrevocable Trust. Both transactions were for no consideration.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.55 to $23, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
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.
F4 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.