Douglas R. Lebda - May 23, 2024 Form 4 Insider Report for LendingTree, Inc. (TREE)

Role
Chairman & CEO, Director, 10%+ Owner
Signature
/s/ Heather Novitsky as Attorney-in-Fact for Douglas R. Lebda
Stock symbol
TREE
Transactions as of
May 23, 2024
Transactions value $
-$1,431,179
Form type
4
Date filed
5/28/2024, 06:35 PM
Previous filing
May 20, 2024
Next filing
Jun 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TREE Common Stock Options Exercise $5.32M +200K +352.21% $26.59 257K May 23, 2024 Direct
transaction TREE Common Stock Tax liability -$6.77M -157K -61.19% $43.06 99.7K May 23, 2024 Direct
transaction TREE Common Stock Award $16.5K +367 +0.37% $45.06 100K May 24, 2024 Direct F1
holding TREE Common Stock 4.13K May 23, 2024 By Spouse F2
holding TREE Common Stock 433K May 23, 2024 Through 2022 Lebda Family Holdings, LLC F3
holding TREE Common Stock 1.33M May 23, 2024 Through Lebda Family Holdings, LLC F3
holding TREE Common Stock 12.5K May 23, 2024 Through Lebda Family Holdings II, LLC F3
holding TREE Common Stock 300K May 23, 2024 Through 2021 Lebda Family Holdings LLC F3

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 Options to Purchase Common Shares Options Exercise $0 -200K -100% $0.00* 0 May 23, 2024 Common Stock 200K $26.59 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to Mr. Lebda's employment agreement, in lieu of receiving cash payment in respect of Mr. Lebda's base salary, Mr. Lebda has elected to receive the remainder of his 2024 base salary in Company stock. The amount reported herein represents the net (after tax withholding) amount of Mr. Lebda's salary for the pay period ending May 24, 2024 that was received by Mr. Lebda as Company stock. Such shares are fully vested on the date of issuance.
F2 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 The reporting person disclaims beneficial ownership of the shares to the extent in which he does not have a pecuniary interest, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such shares for purposes of Section 16 or for any other purpose.