Douglas R. Lebda - Aug 2, 2024 Form 4 Insider Report for LendingTree, Inc. (TREE)

Signature
/s/ Heather Novitsky as Attorney-in-Fact for Douglas R. Lebda
Stock symbol
TREE
Transactions as of
Aug 2, 2024
Transactions value $
$16,515
Form type
4
Date filed
8/6/2024, 04:41 PM
Previous filing
Jul 23, 2024
Next filing
Aug 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TREE Common Stock Award $16.5K +345 +0.34% $47.87 102K Aug 2, 2024 Direct F1
holding TREE Common Stock 4.13K Aug 2, 2024 By Spouse F2
holding TREE Common Stock 433K Aug 2, 2024 Through 2022 Lebda Family Holdings, LLC F3
holding TREE Common Stock 1.33M Aug 2, 2024 Through Lebda Family Holdings, LLC F3
holding TREE Common Stock 12.5K Aug 2, 2024 Through Lebda Family Holdings II, LLC F3
holding TREE Common Stock 300K Aug 2, 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 Restricted Stock Units Award $0 +1K $0.00 1K Aug 5, 2024 Common Stock 1K By Spouse F2, F4, F5
* 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 August 2, 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.
F4 Restricted stock units convert into common stock on a one-for-one basis.
F5 These restricted stock units vest in three substantially equal installments beginning on March 1, 2025, in accordance with the terms of the original award agreement.