Michael H. Schwerdtman - 12 Feb 2022 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
12 Feb 2022
Net transactions value
-$728,546
Form type
4
Filing time
15 Feb 2022, 15:04:50 UTC
Previous filing
03 Feb 2022
Next filing
10 Feb 2023
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 Options Exercise $0 +11,053 +125% $0.000000 19,920 12 Feb 2022 Direct F1
transaction IAC Common Stock, par value $0.0001 Tax liability $728,546 -5,463 -27% $133.36 14,457 12 Feb 2022 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 Options Exercise $0 -11,053 -100% $0.000000* 0 12 Feb 2022 Common Stock, par value $0.0001 11,053 $0.000000 Direct F3
* 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 vesting of restricted stock units (see footnote 3 below).
F2 Represents shares of IAC common stock withheld to cover taxes due in connection with the vesting of restricted stock units (see footnote 3 below).
F3 Represents restricted stock units that vested in one lump sum installment on February 12, 2022.