Mark J. Stein - 08 Oct 2021 Form 4 Insider Report for IAC/InterActiveCorp (IAC)

Role
EVP & CSO
Signature
Tanya M. Stanich as Attorney-in-Fact for Mark Stein
Issuer symbol
IAC
Transactions as of
08 Oct 2021
Net transactions value
-$34,033,829
Form type
4
Filing time
12 Oct 2021, 16:04:34 UTC
Previous filing
27 May 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IAC Common Stock, par value $0.0001 Options Exercise $2,881,880 +200,000 +239% $14.41 283,696 08 Oct 2021 Direct F1
transaction IAC Common Stock, par value $0.0001 Options Exercise $1,231,050 +150,000 +53% $8.21 433,696 08 Oct 2021 Direct F1
transaction IAC Common Stock, par value $0.0001 Options Exercise $2,317,545 +150,000 +35% $15.45 583,696 08 Oct 2021 Direct F1
transaction IAC Common Stock, par value $0.0001 Tax liability $40,464,304 -285,886 -49% $141.54 297,810 08 Oct 2021 Direct 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 Options to Purchase Common Stock, par value $0.0001 Options Exercise $0 -200,000 -50% $0.000000 200,000 08 Oct 2021 Common Stock, par value $0.0001 200,000 $14.41 Direct
transaction IAC Options to Purchase Common Stock, par value $0.0001 Options Exercise $0 -150,000 -50% $0.000000 150,000 08 Oct 2021 Common Stock, par value $0.0001 150,000 $8.21 Direct
transaction IAC Options to Purchase Common Stock, par value $0.0001 Options Exercise $0 -150,000 -50% $0.000000 150,000 08 Oct 2021 Common Stock, par value $0.0001 150,000 $15.45 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of IAC common stock acquired upon the exercise of stock options by way of a net settlement transaction with the issuer.
F2 Represents shares of IAC common stock withheld to cover exercise price and tax obligations.