Barry Diller - 05 Mar 2025 Form 4 Insider Report for IAC Inc. (IAC)

Role
Chairman & Senior Executive, Director
Signature
/s/ Tanya M. Stanich as Attorney-in-Fact for Barry Diller
Issuer symbol
IAC
Transactions as of
05 Mar 2025
Net transactions value
-$16,310,919
Form type
4
Filing time
07 Mar 2025, 16:41:47 UTC
Previous filing
19 Feb 2025
Next filing
12 Mar 2025
SEC
View on sec.gov

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 $6,855,000 +500,000 +290% $13.71 672,708 05 Mar 2025 Direct F1
transaction IAC Common Stock, par value $0.0001 Options Exercise $8,570,000 +500,000 +74% $17.14 1,172,708 05 Mar 2025 Direct F1
transaction IAC Common Stock, par value $0.0001 Tax liability $31,735,919 -700,263 -60% $45.32 472,445 05 Mar 2025 Direct F2
transaction IAC Common Stock, par value $0.0001 Gift $0 -5,000 -1.1% $0.000000 467,445 05 Mar 2025 Direct
holding IAC Common Stock, par value $0.0001 136,711 05 Mar 2025 Held through trusts for the benefit of the reporting person's family

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 Options to Purchase Common Stock, par value $0.0001 Options Exercise $0 -500,000 -100% $0.000000 0 05 Mar 2025 Common Stock, par value $0.0001 500,000 $13.71 Direct F3
transaction IAC Options to Purchase Common Stock, par value $0.0001 Options Exercise $0 -500,000 -100% $0.000000 0 05 Mar 2025 Common Stock, par value $0.0001 500,000 $17.14 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 exercise of stock options.
F2 Represents shares of IAC common stock withheld to cover exercise price and tax obligations.
F3 Represents vested stock options.