Michael H. Schwerdtman - 25 May 2021 Form 4 Insider Report for IAC/InterActiveCorp (IAC)

Role: SVP and Controller (CAO)
Signature: Tanya M. Stanich as Attorney-in-Fact for Michael H. Schwerdtman
Issuer symbol: IAC
Transactions as of: 25 May 2021
Net transactions value: $0
Form type: 4
Filing time: 27 May 2021, 16:45:24 UTC
Previous filing: 17 May 2021
Next filing: 03 Feb 2022
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		+4,978			4,978	25 May 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	Restricted Stock Units	Other	$0	+6,149		$0.000000	6,149	25 May 2021	Common Stock, par value $0.0001	6,149	$0.000000	Direct	F2, F3
transaction	IAC	Restricted Stock Units	Other	$0	+11,054		$0.000000	11,054	25 May 2021	Common Stock, par value $0.0001	11,054	$0.000000	Direct	F2, F4
transaction	IAC	Restricted Stock Units	Other	$0	+30,528		$0.000000	30,528	25 May 2021	Common Stock, par value $0.0001	30,528	$0.000000	Direct	F2, F5

* 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	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.
F3	Represents the last tranche of a restricted stock unit award that vests on February 1, 2022, subject to continued service.
F4	Represents restricted stock units that vest in one lump sum installment on February 12, 2022, subject to continued service
F5	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.