Victor Kaufman - May 10, 2021 Form 4 Insider Report for IAC/InterActiveCorp (IAC)

Signature
Tanya M. Stanich as Attorney-in-Fact for Victor Kaufman
Stock symbol
IAC
Transactions as of
May 10, 2021
Transactions value $
$16,176,138
Form type
4
Date filed
5/12/2021, 08:28 PM
Next filing
May 27, 2021

Transactions Table

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

Explanation of Responses:

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.