Alan G. Spoon - May 14, 2023 Form 4 Insider Report for IAC Inc. (IAC)

Role
Director
Signature
Tanya M. Stanich as Attorney-in-Fact for Alan Spoon
Stock symbol
IAC
Transactions as of
May 14, 2023
Transactions value $
$0
Form type
4
Date filed
5/16/2023, 04:33 PM
Previous filing
May 1, 2023
Next filing
May 17, 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 +0.24% $0.00 232K May 14, 2023 Direct F1, F2
holding IAC Common Stock, par value $0.0001 15K May 14, 2023 By family LLC F3

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 F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects shares of IAC common stock received upon the vesting of restricted stock units (see footnote 4 below).
F2 Includes: (i) 95,844 shares of IAC common stock, par value $0.0001, held directly by the reporting person and (ii) 135,804 share units accrued under IAC's Non-Employee Director Deferred Compensation Plans as of the date of this report.
F3 The reporting person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F4 Represents restricted stock units that vested/vest in equal installments on each of May 14, 2022, 2023 and 2024, subject to continued service.