Bryan Lourd - May 14, 2023 Form 4 Insider Report for IAC Inc. (IAC)

Role
Director
Signature
Tanya M. Stanich as Attorney-in-Fact for Bryan Lourd
Stock symbol
IAC
Transactions as of
May 14, 2023
Transactions value $
$0
Form type
4
Date filed
5/16/2023, 04:24 PM
Previous filing
Apr 4, 2023
Next filing
Jun 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IAC Common Stock, par value $0.0001 Options Exercise $0 +549 +0.35% $0.00 157K May 14, 2023 Direct F1, F2

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 Restricted Stock Units Options Exercise $0 -549 -50% $0.00 549 May 14, 2023 Common Stock, par value $0.0001 549 $0.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of IAC common stock acquired upon the vesting of restricted stock units (see footnote 3 below).
F2 Includes: (i) 35,941 shares of IAC common stock held directly by the reporting person and (ii) 121,312 share units accrued under the Non-Employee Director Deferred Compensation Plan as of the date of this report.
F3 Represents restricted stock units that vested/vest in equal installments on each of May 14, 2022, 2023 and 2024, subject to continued service.