Kendall Handler - Feb 8, 2024 Form 4 Insider Report for IAC Inc. (IAC)

Role
EVP & CHIEF LEGAL OFFICER
Signature
Tanya M. Stanich as Attorney-in-Fact for Kendall Handler
Stock symbol
IAC
Transactions as of
Feb 8, 2024
Transactions value $
-$313,650
Form type
4
Date filed
2/12/2024, 08:30 PM
Previous filing
Feb 8, 2024

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 +11.8K +146.44% $0.00 19.8K Feb 8, 2024 Direct F1
transaction IAC Common Stock, par value $0.0001 Tax liability -$314K -6.12K -30.9% $51.25 13.7K Feb 8, 2024 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 Restricted Stock Units Options Exercise $0 -11.8K -25% $0.00 35.3K Feb 8, 2024 Common Stock, par value $0.0001 11.8K $0.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects shares of IAC common stock acquired upon the vesting of restricted stock units (see footnote 3 below).
F2 Represents shares withheld to cover taxes due in connection with vesting of restricted stock units (see footnote 3 below).
F3 Represents restricted stock units that vest in three installments on the first (25%), third (50%) and fourth (25%) anniversaries of the grant date, subject to continued service.