Glenn Schiffman - May 25, 2021 Form 4 Insider Report for IAC/InterActiveCorp (IAC)

Role: EVP & CFO
Signature: Tanya Stanich as Attorney-in-Fact for Glenn H. Schiffman
Stock symbol: IAC
Transactions as of: May 25, 2021
Transactions value $: $0
Form type: 4
Date filed: 5/27/2021, 04:37 PM
Previous filing: May 17, 2021
Next filing: Jun 17, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	IAC	Common Stock, par value $0.0001	Other		+34.6K			34.6K	May 25, 2021	Direct	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	Options to Purchase Common Stock, par value $0.0001	Other	$0	+151K		$0.00	151K	May 25, 2021	Common Stock, par value $0.0001	151K	$9.31	Direct	F2
transaction	IAC	Options to Purchase Common Stock, par value $0.0001	Other	$0	+150K		$0.00	150K	May 25, 2021	Common Stock, par value $0.0001	150K	$15.45	Direct	F2
transaction	IAC	Options to Purchase Common Stock, par value $0.0001	Other	$0	+80K		$0.00	80K	May 25, 2021	Common Stock, par value $0.0001	80K	$31.01	Direct	F2
transaction	IAC	Restricted Stock Units	Other	$0	+278K		$0.00	278K	May 25, 2021	Common Stock, par value $0.0001	278K	$0.00	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	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.
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.