Alexander von Furstenberg - 12 Nov 2021 Form 4 Insider Report for IAC/InterActiveCorp (IAC)

Role
Director
Signature
Tanya M. Stanich as Attorney-in-Fact for Alexander von Furstenberg
Issuer symbol
IAC
Transactions as of
12 Nov 2021
Net transactions value
$0
Form type
4
Filing time
16 Nov 2021, 16:17:09 UTC
Previous filing
29 Jun 2021
Next filing
16 May 2022
SEC
View on sec.gov

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 IAC Class B Common Stock, par value $0.0001 Other +127,486 +29% 573,539 12 Nov 2021 Common Stock, par value $0.0001 127,486 $0.000000 Held through family trust F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of IAC Class B common stock are convertible at the option of the holder on a one-for-one basis into shares of IAC common stock at any time and do not have an expiration date. Each share of IAC Class B common stock is entitled to ten votes per share and each share of IAC common stock is entitled to one vote per share.
F2 Represents a transfer of shares of IAC Class B common stock by Mr. Barry Diller (Mr. von Furstenberg's stepfather) to a trust for the benefit of certain family members of Mr. Diller and for which Mr. von Furstenberg serves as an investment advisor (the "TALT Trust") in connection with the long-term estate planning of Mr. Diller and his family.
F3 In connection with the transfer of shares of IAC Class B common stock referred to in footnote (2) above, the TALT Trust transferred 724,167 shares of Class B common stock of Vimeo, Inc., to Mr. Diller.
F4 Held by the TALT Trust. Mr. von Furstenberg disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.