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

Role
Chief Legal Officer & Sec.
Signature
/s/ Linda C. Frazier, attorney in fact
Issuer symbol
TRIP
Transactions as of
15 Feb 2022
Net transactions value
-$180,462
Form type
4
Filing time
17 Feb 2022, 15:51:23 UTC
Previous filing
22 Dec 2021
Next filing
24 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRIP Common Stock Options Exercise $0 +6,402 +27% $0.000000 30,263 15 Feb 2022 Direct
transaction TRIP Common Stock Tax liability $57,648 -2,032 -6.7% $28.37 28,231 15 Feb 2022 Direct
transaction TRIP Common Stock Options Exercise $0 +4,925 +17% $0.000000 33,156 15 Feb 2022 Direct
transaction TRIP Common Stock Tax liability $41,023 -1,446 -4.4% $28.37 31,710 15 Feb 2022 Direct
transaction TRIP Common Stock Options Exercise $0 +4,391 +14% $0.000000 36,101 15 Feb 2022 Direct
transaction TRIP Common Stock Tax liability $36,569 -1,289 -3.6% $28.37 34,812 15 Feb 2022 Direct
transaction TRIP Common Stock Options Exercise $0 +5,428 +16% $0.000000 40,240 15 Feb 2022 Direct
transaction TRIP Common Stock Tax liability $45,222 -1,594 -4% $28.37 38,646 15 Feb 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 -6,402 -100% $0.000000* 0 15 Feb 2022 Common Stock 6,402 $0.000000 Direct F1
transaction TRIP Restricted Stock Units Options Exercise $0 -4,925 -50% $0.000000 4,925 15 Feb 2022 Common Stock 4,925 $0.000000 Direct F2
transaction TRIP Restricted Stock Units Options Exercise $0 -4,391 -100% $0.000000* 0 15 Feb 2022 Common Stock 4,391 $0.000000 Direct F3
transaction TRIP Restricted Stock Units Options Exercise $0 -5,428 -25% $0.000000 16,287 15 Feb 2022 Common Stock 5,428 $0.000000 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.