Scott Peyree - 28 Feb 2023 Form 4 Insider Report for LendingTree, Inc. (TREE)

Role
President, Insurance
Signature
/s/ Lisa M. Young, as Attorney-in-Fact for Scott Peyree
Issuer symbol
TREE
Transactions as of
28 Feb 2023
Net transactions value
-$2,061
Form type
4
Filing time
02 Mar 2023, 20:55:19 UTC
Previous filing
05 Aug 2022
Next filing
06 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TREE Common Stock Options Exercise +212 +3.6% 6,164 28 Feb 2023 Direct F1
transaction TREE Common Stock Tax liability $2,061 -64 -1% $32.20 6,100 28 Feb 2023 Direct
holding TREE Common Stock 9,622 28 Feb 2023 Through a revocable trust.
holding TREE Common Stock 1,689 28 Feb 2023 Through a grantor retained annuity trust. F2
holding TREE Common Stock 1,689 28 Feb 2023 Through a grantor retained annuity trust.

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 TREE Restricted Stock Units Options Exercise $0 -212 -100% $0.000000* 0 28 Feb 2023 Common Stock 212 $0.000000 Direct F3
transaction TREE Restricted Stock Units Award $0 +27,500 $0.000000 27,500 02 Mar 2023 Common Stock 27,500 $0.000000 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 The reporting person's spouse is the sole beneficiary of this grantor retained annuity trust. The reporting person disclaims beneficial ownership of the shares, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the shares for purposes of Section 16 or any other purpose.
F3 These restricted stock units vest in two equal annual installments beginning on February 28, 2022, in accordance with the terms of the original award agreement.
F4 These restricted stock units vest as follows: 50% of the restricted stock units will vest on the first anniversary of the date of grant and 25% of the restricted stock units will vest on the second and third anniversaries of the date of grant, in accordance with the terms of the original award agreement.