Bryan Lourd - May 14, 2021 Form 4 Insider Report for IAC/InterActiveCorp (IAC)

Role
Director
Signature
Tanya M. Stanich as Attorney-in-Fact for Bryan Lourd
Stock symbol
IAC
Transactions as of
May 14, 2021
Transactions value $
$0
Form type
4
Date filed
5/27/2021, 04:54 PM
Next filing
Jun 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 +146K 146K May 25, 2021 Direct 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 Award $0 +1.1K $0.00 1.1K May 14, 2021 Common Stock, par value $0.001 1.1K $0.00 Direct F3
transaction IAC Restricted Stock Units Other $0 +2.69K $0.00 2.69K May 25, 2021 Common Stock, par value $0.0001 2.69K $0.00 Direct F4, F5
transaction IAC Restricted Stock Units Other $0 +3.58K $0.00 3.58K May 25, 2021 Common Stock, par value $0.0001 3.58K $0.00 Direct F4, F6
transaction IAC Restricted Stock Units Other $0 +4.04K $0.00 4.04K May 25, 2021 Common Stock, par value $0.0001 4.04K $0.00 Direct F4, F7
transaction IAC Restricted Stock Units Other $0 +1.65K $0.00 1.65K May 25, 2021 Common Stock, par value $0.0001 1.65K $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 Includes: (i) 25,886 shares of IAC common stock held directly by the reporting person and (ii) 119,653 share units accrued under IAC's Non-Employee Director Deferred Compensation Plans as of the date of this report.
F3 Represents restricted stock units that vest in equal installments on each of May 14, 2022, 2023 and 2024, subject to continued service.
F4 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 restricted stock units, to reflect the Spin-Off. These previously granted restricted stock units have the same vesting and other applicable terms and conditions as they did immediately prior to the Spin-Off.
F5 Represents restricted stock units, the last installment of which vests on June 28, 2021, subject to continued service.
F6 Represents restricted stock units, which vest in two equal installments on each of June 12, 2021 and 2022, subject to continued service.
F7 Represents restricted stock units that vest in equal installments on each of June 25, 2021, 2022 and 2023, subject to continued service.