Seth J. Kalvert - Feb 15, 2022 Form 4 Insider Report for TripAdvisor, Inc. (TRIP)

Role
Chief Legal Officer & Sec.
Signature
/s/ Linda C. Frazier, attorney in fact
Stock symbol
TRIP
Transactions as of
Feb 15, 2022
Transactions value $
-$180,462
Form type
4
Date filed
2/17/2022, 03:51 PM
Previous filing
Dec 22, 2021
Next filing
Feb 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRIP Common Stock Options Exercise $0 +6.4K +26.83% $0.00 30.3K Feb 15, 2022 Direct
transaction TRIP Common Stock Tax liability -$57.6K -2.03K -6.71% $28.37 28.2K Feb 15, 2022 Direct
transaction TRIP Common Stock Options Exercise $0 +4.93K +17.45% $0.00 33.2K Feb 15, 2022 Direct
transaction TRIP Common Stock Tax liability -$41K -1.45K -4.36% $28.37 31.7K Feb 15, 2022 Direct
transaction TRIP Common Stock Options Exercise $0 +4.39K +13.85% $0.00 36.1K Feb 15, 2022 Direct
transaction TRIP Common Stock Tax liability -$36.6K -1.29K -3.57% $28.37 34.8K Feb 15, 2022 Direct
transaction TRIP Common Stock Options Exercise $0 +5.43K +15.59% $0.00 40.2K Feb 15, 2022 Direct
transaction TRIP Common Stock Tax liability -$45.2K -1.59K -3.96% $28.37 38.6K Feb 15, 2022 Direct

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 TRIP Restricted Stock Units Options Exercise $0 -6.4K -100% $0.00* 0 Feb 15, 2022 Common Stock 6.4K $0.00 Direct F1
transaction TRIP Restricted Stock Units Options Exercise $0 -4.93K -50% $0.00 4.93K Feb 15, 2022 Common Stock 4.93K $0.00 Direct F2
transaction TRIP Restricted Stock Units Options Exercise $0 -4.39K -100% $0.00* 0 Feb 15, 2022 Common Stock 4.39K $0.00 Direct F3
transaction TRIP Restricted Stock Units Options Exercise $0 -5.43K -25% $0.00 16.3K Feb 15, 2022 Common Stock 5.43K $0.00 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Restricted Stock Units ("RSUs") vest and settle in four equal annual installments commencing on August 1, 2022.
F2 Date at which first vesting occurs is indicated. One-fourth of the total number of RSUs vest on the first vesting date and an additional one-fourth vest on each anniversary thereafter, until the RSUs are fully vested. Upon vesting, shares will be issued on a one-for-one basis.
F3 Date at which first vesting occurs is indicated. One fourth of the total number of RSUs vest on February 15, 2021, and 6.25% of the remaining award vest in equal quarterly installments commencing thereafter.
F4 Date at which first vesting occurs is indicated. One fourth of the total awards vest on February 15, 2022, and 6.25% of the remaining award vest in equal quarterly installments commencing thereafter.