Barry Diller - 25 May 2021 Form 4 Insider Report for IAC/InterActiveCorp (IAC)

Role: Chairman & Senior Executive, Director
Signature: Tanya M. Stanich as Attorney-in-Fact for Barry Diller
Issuer symbol: IAC
Transactions as of: 25 May 2021
Net transactions value: $0
Form type: 4
Filing time: 27 May 2021, 16:33:05 UTC
Previous filing: 18 May 2021
Next filing: 17 Aug 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	IAC	Common Stock, par value $0.0001	Other		+172,708			172,708	25 May 2021	Direct	F1
transaction	IAC	Common Stock, par value $0.0001	Other		+136,711			136,711	25 May 2021	Through trusts (for the benefit of the reporting person's family)	F1

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	IAC	Class B Common Stock, par value $0.0001	Other	$0	+1,651,011		$0.000000	1,651,011	25 May 2021	Common Stock, par value $0.0001	1,651,011	$0.000000	Direct	F2, F3
transaction	IAC	Class B Common Stock, par value $0.0001	Other	$0	+3,692,435		$0.000000	3,692,435	25 May 2021	Common Stock, par value $0.0001	3,692,435	$0.000000	Through trusts (for the benefit of members of the reporting person's family)	F2, F3
transaction	IAC	Options to Purchase Common Stock, par value $0.0001	Other	$0	+500,000		$0.000000	500,000	25 May 2021	Common Stock, par value $0.0001	500,000	$13.71	Direct	F4
transaction	IAC	Options to Purchase Common Stock, par value $0.0001	Other	$0	+500,000		$0.000000	500,000	25 May 2021	Common Stock, par value $0.0001	500,000	$17.14	Direct	F4
transaction	IAC	Restricted Stock Units	Other	$0	+361,475		$0.000000	361,475	25 May 2021	Common Stock, par value $0.0001	361,475	$0.000000	Direct	F5, F6

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

Explanation of Responses:

Id	Content
F1	Reflects shares of IAC common stock, par value $0.0001, received in respect of shares of IAC common stock, par value $0.001, in connection with a reclassification effected in connection with (and immediately preceding) the spin-off by IAC of Vimeo, Inc. (the "Spin-Off") on May 25, 2021.
F2	Reflects shares of IAC Class B common stock, par value $0.0001, received in respect of shares of IAC Class B common stock, par value $0.001, in connection with a reclassification effected in connection with (and immediately preceding) the Spin-Off on May 25, 2021.
F3	Shares of IAC Class B common stock are convertible at the option of the holder on a one-for-one basis into shares of IAC common stock at any time and do not have an expiration date. Each share of IAC Class B common stock is entitled to ten votes per share and each share of IAC common stock is entitled to one vote per share.
F4	In connection with the Spin-Off, IAC stock options were converted into IAC and Vimeo, Inc. stock options, with adjustments (to maintain pre- and post-Spin-Off values) to, in the case of IAC stock options, the per share exercise prices to reflect the Spin-Off. These previously granted stock options have the same vesting and other applicable terms and conditions as they did immediately prior to the Spin-off. Reflects IAC stock options, as adjusted on the basis described immediately above.
F5	Reflects previously granted IAC restricted stock units with adjustments (to maintain pre- and post-Spin-Off values) to the number of shares of IAC common stock underlying such awards, to reflect the Spin-Off. These previously granted awards have the same vesting and other applicable terms and conditions as they did immediately prior to the Spin-Off.
F6	Represents restricted stock units that vest in one lump sum installment on November 5, 2025, subject to continued service, and with partial vesting upon certain terminations of employment.