Joseph Levin - Jan 13, 2025 Form 4 Insider Report for Angi Inc. (ANGI)

Role
Director
Signature
/s/ JOSEPH LEVIN BY TANYA M. STANICH AS ATTORNEY-IN-FACT
Stock symbol
ANGI
Transactions as of
Jan 13, 2025
Transactions value $
$7,813,416
Form type
4
Date filed
1/15/2025, 05:51 PM
Previous filing
Feb 27, 2024
Next filing
Feb 5, 2025

Transactions Table

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 ANGI Class B Common Stock, par value $0.001 Other $7.81M +5.01M $1.56 5.01M Jan 13, 2025 Class A Common Stock, par value $0.001 5.01M $0.00 Direct F1, F2, F3, F4
transaction ANGI Class B Common Stock, par value $0.001 Options Exercise $0 -5.01M -100% $0.00 0 Jan 13, 2025 Class A Common Stock, par value $0.001 5.01M $0.00 Direct F1, F2, F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Class A common stock, par value $0.001 ("Class A Common Stock"), of Angi Inc. that were acquired by the reporting person upon the conversion on a one-for-one basis of shares of Class B common stock, par value $0.001, of Angi Inc. ("Class B Common Stock") (see footnotes 2 and 3 below).
F2 Represents shares of Class B Common Stock acquired by the reporting person on January 13, 2025 that do not have an expiration date and were immediately converted by the reporting person (see footnote 5) on a one-for-one basis into shares of Class A Common Stock in accordance with their terms. Each share of Angi Class B common stock is entitled to ten votes per share and each share of Class A Common Stock is entitled to one vote per share.
F3 IAC Inc. ("IAC") transferred these shares of Class B Common Stock to the reporting person on January 13, 2025 pursuant to that certain employment transition agreement, dated as of January 13, 2025, by and between IAC and the reporting person.
F4 Reflects the closing price per share of Class A Common Stock on the Nasdaq Market on January 13, 2025.
F5 Represents the conversion of shares of Class B Common Stock on a one-for-one basis into shares of Class A Common Stock.