Matt Goldberg - 01 Jul 2022 Form 4 Insider Report for TripAdvisor, Inc. (TRIP)

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	TRIP	Restricted Stock Units	Award	$0	+378K	$0.00	378K	01 Jul 2022	Common Stock	378K	$0.00	Direct	F1
transaction	TRIP	Restricted Stock Units	Award	$0	+258K	$0.00	258K	01 Jul 2022	Common Stock	258K	$0.00	Direct	F2
transaction	TRIP	Stock Option	Award	$0	+516K	$0.00	516K	01 Jul 2022	Common Stock	516K	$18.47	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Id	Content
F1	The performance-based restricted stock units ("PSUs") will vest on July 1, 2025 ("PSU Vesting Date"), with respect to 25% of the PSUs if the Reference Price (as defined below) is equal to or greater than $35.00 but less than $45.00, 50% of the PSUs if the Reference Price is equal to or greater than $45.00 but less than $55.00 and 100% of the PSUs if the Reference Price is equal to or greater than $55.00, subject to continued employment through the PSU Vesting Date. Reference Price means a volume weighed average price of a share as reported on Bloomberg (or equivalent wire service) over a thirty (30) trading-day period between July 1, 2023 and the PSU Vesting Date.
F2	Date at which first vesting occurs is indicated. 25% of the total number of RSUs vest on July 1, 2023, and 6.25% on the first day of each of the next 12 quarters, such that the award is fully vested on July 1, 2026.
F3	Date at which first vesting occurs is indicated. 25% of the total number of Options vest on July 1, 2023, and 6.25% on the first day of each of the next 12 quarters, such that the award is fully vested on July 1, 2026.