Robert J. Dzielak - Mar 18, 2024 Form 4 Insider Report for Expedia Group, Inc. (EXPE)

Role
Chief Legal Officer & Sec'y
Signature
/s/ Michael S. Marron, Attorney-in-fact
Stock symbol
EXPE
Transactions as of
Mar 18, 2024
Transactions value $
$0
Form type
4
Date filed
3/20/2024, 05:03 PM
Previous filing
Feb 20, 2024
Next filing
May 17, 2024

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 EXPE Performance Stock Units Award $0 +22.8K $0.00 22.8K Mar 18, 2024 Common Stock 22.8K $0.00 Direct F1
transaction EXPE Restricted Stock Units Award $0 +13.9K $0.00 13.9K Mar 18, 2024 Common Stock 13.9K $0.00 Direct F2
transaction EXPE Restricted Stock Units Award $0 +22.8K $0.00 22.8K Mar 18, 2024 Common Stock 22.8K $0.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vesting of the performance stock units ("PSUs") is dependent on two equally weighted financial performance metrics: (i) the compound annual growth rate ("CAGR") of Expedia Group's revenue and (ii) the CAGR of Expedia Group's Adjusted EBITDA, measured over a performance period from January 1, 2024, through December 31, 2026. The "target" number of PSUs is reported. Between 0% and 200% of the target number of PSUs may vest on February 15, 2027, with the actual vesting percentage determined based on the achieved CAGR for each metric, subject to the reporting person's continued employment through the vesting date. The PSUs will be settled in shares of Expedia Group's common stock upon vesting.
F2 Date at which first vesting occurs is indicated. One-third of the total number of restricted stock units ("RSUs") vests on the first vesting date and an additional one-third on each anniversary thereafter until the RSUs are fully vested.
F3 Date at which first vesting occurs is indicated. One-sixteenth of the total number of RSUs vests on May 15, 2024 and an additional one-sixteenth on the fifteenth day of the second month in each quarter thereafter until fully vested.