Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | IAC | Common Stock, par value $0.001 | Other | $16.2M | +68.3K | $236.90 | 68.3K | May 10, 2021 | Spouse | F1, F2, F3 | |
holding | IAC | Common Stock, par value $0.001 | 3.66K | May 10, 2021 | Direct |
Id | Content |
---|---|
F1 | Reflects the substitution of certain assets for shares of IAC common stock that the reporting person's spouse previously owned indirectly through a grantor retained annuity trust established for her benefit (the "GRAT") and of which she serves as trustee and is the sole annuitant. This substitution: (i) resulted in a reduction of shares of IAC common stock owned indirectly by the reporting person's spouse through the GRAT and a corresponding increase in shares of IAC common stock owned directly by the reporting person's spouse and (ii) may be deemed to be a purchase. |
F2 | The reporting person disclaims beneficial ownership of such shares of IAC common stock except to the extent of any pecuniary interest therein. |
F3 | Reflects shares of IAC common stock held directly by the reporting person's spouse as of the date of this report. |