Kendall Handler - May 25, 2021 Form 4 Insider Report for IAC/InterActiveCorp (IAC)

Role
SVP & General Counsel
Signature
Tanya M. Stanich as Attorney-in-Fact for Kendall Handler
Stock symbol
IAC
Transactions as of
May 25, 2021
Transactions value $
$0
Form type
4
Date filed
5/27/2021, 04:42 PM
Previous filing
May 17, 2021
Next filing
Dec 15, 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 +1.49K 1.49K 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 +3.75K $0.00 3.75K May 25, 2021 Common Stock, par value $0.0001 3.75K $15.04 Direct F2
transaction IAC Restricted Stock Units Other $0 +3.44K $0.00 3.44K May 25, 2021 Common Stock, par value $0.0001 3.44K $0.00 Direct F3, F4
transaction IAC Restricted Stock Units Other $0 +7.75K $0.00 7.75K May 25, 2021 Common Stock, par value $0.0001 7.75K $0.00 Direct F3, F5
transaction IAC Restricted Stock Units Other $0 +27.8K $0.00 27.8K May 25, 2021 Common Stock, par value $0.0001 27.8K $0.00 Direct F3, F6
transaction IAC Restricted Stock Units Other $0 +42.3K $0.00 42.3K May 25, 2021 Common Stock, par value $0.0001 42.3K $0.00 Direct F3, F7
* 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 n 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 the last tranche of a restricted stock unit award that vests on February 1, 2022, subject to continued service.
F5 Represents restricted stock units that vest in one lump sum installment on February 12, 2022, subject to continued service
F6 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.
F7 Represents restricted stock units that vest in one lump sum installment on November 30, 2025, subject to continued service, and with partial vesting upon certain terminations of employment