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

Role
Director
Signature
/s/ JOSEPH LEVIN BY TANYA M. STANICH AS ATTORNEY-IN-FACT
Issuer symbol
ANGI
Transactions as of
13 Jan 2025
Net transactions value
+$7,813,416
Form type
4
Filing time
15 Jan 2025, 17:51:57 UTC
Previous filing
27 Feb 2024
Next filing
05 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANGI Class A Common Stock, par value $0.001 Options Exercise $0 +5,008,600 $0.000000 5,008,600 13 Jan 2025 Direct F1

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 $7,813,416 +5,008,600 $1.56 5,008,600 13 Jan 2025 Class A Common Stock, par value $0.001 5,008,600 $0.000000 Direct F1, F2, F3, F4
transaction ANGI Class B Common Stock, par value $0.001 Options Exercise $0 -5,008,600 -100% $0.000000 0 13 Jan 2025 Class A Common Stock, par value $0.001 5,008,600 $0.000000 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.