Michael H. Schwerdtman - May 25, 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
Stock symbol
IAC
Transactions as of
May 25, 2021
Transactions value $
$0
Form type
4
Date filed
5/27/2021, 04:45 PM
Previous filing
May 17, 2021
Next filing
Feb 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IAC Common Stock, par value $0.0001 Other +4.98K 4.98K 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 Restricted Stock Units Other $0 +6.15K $0.00 6.15K May 25, 2021 Common Stock, par value $0.0001 6.15K $0.00 Direct F2, F3
transaction IAC Restricted Stock Units Other $0 +11.1K $0.00 11.1K May 25, 2021 Common Stock, par value $0.0001 11.1K $0.00 Direct F2, F4
transaction IAC Restricted Stock Units Other $0 +30.5K $0.00 30.5K May 25, 2021 Common Stock, par value $0.0001 30.5K $0.00 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.