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 | +127K | +28.58% | 574K | Nov 12, 2021 | Common Stock, par value $0.0001 | 127K | $0.00 | Held through family trust | F1, F2, F3, F4 |
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. |