Victor Kaufman - 25 May 2021 Form 4 Insider Report for IAC/InterActiveCorp (IAC)

Signature
Tanya M. Stanich as Attorney-in-Fact for Victor Kaufman
Issuer symbol
IAC
Transactions as of
25 May 2021
Net transactions value
$0
Form type
4
Filing time
27 May 2021, 16:34:38 UTC
Previous filing
12 May 2021
Next filing
19 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IAC Common Stock, par value $0.0001 Other +3,662 3,662 25 May 2021 Direct F1
transaction IAC Common Stock, par value $0.0001 Other +68,284 68,284 25 May 2021 Spouse F1, F2

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 Restricted Stock Units Other $0 +27,752 $0.000000 27,752 25 May 2021 Common Stock, par value $0.0001 27,752 $0.000000 Direct F3, F4
* 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") pre-market on May 25, 2021.
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 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.
F4 Represents restricted stock units that vest in one lump sum installment on February 15, 2025, subject to continued service, and with partial vesting upon certain terminations of employment.