Victor Kaufman - 06 Feb 2025 Form 4 Insider Report for IAC Inc. (IAC)

Signature
/s/ Tanya M. Stanich as Attorney-in-Fact for Victor Kaufman
Issuer symbol
IAC
Transactions as of
06 Feb 2025
Net transactions value
-$521,029
Form type
4
Filing time
19 Feb 2025, 16:01:41 UTC
Previous filing
27 May 2021
Next filing
11 Feb 2026

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IAC Common Stock, par value $0.0001 Award $0 +27,752 +39% $0.000000 99,698 15 Feb 2025 Direct F1
transaction IAC Common Stock, par value $0.0001 Tax liability $521,029 -11,081 -11% $47.02 88,617 15 Feb 2025 Direct 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 Award $0 -5,910 -100% $0.000000 0 06 Feb 2025 Common Stock, par value $0.0001 5,910 $0.000000 Direct F3
transaction IAC Restricted Stock Units Options Exercise $0 -27,752 -100% $0.000000 0 15 Feb 2025 Common Stock, par value $0.0001 27,752 $0.000000 Direct F4
* 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 4 below).
F2 Represents shares of lAC common stock withheld to cover the payment of taxes due in connection with the vesting of restricted stock units (see footnote 4 below).
F3 Represents restricted stock units that vest in three equal installments on the first, second and third anniversaries of the grant date (February 6, 2025).
F4 Represents restricted stock units that vested on February 15, 2025, subject to continued service.