Kulesh Shanmugasundaram - Mar 1, 2024 Form 4 Insider Report for Angi Inc. (ANGI)

Signature
Shannon M. Shaw as Attorney-in-Fact for Kulesh Shanmugasundaram
Stock symbol
ANGI
Transactions as of
Mar 1, 2024
Transactions value $
-$403,705
Form type
4
Date filed
3/4/2024, 05:46 PM
Previous filing
Feb 1, 2024
Next filing
Mar 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANGI Class A Common Stock, par value $0.001 Options Exercise $0 +200K +509.66% $0.00 239K Mar 1, 2024 Direct F1
transaction ANGI Class A Common Stock, par value $0.001 Options Exercise $0 +70.8K +29.6% $0.00 310K Mar 1, 2024 Direct F2
transaction ANGI Class A Common Stock, par value $0.001 Tax liability -$404K -138K -44.59% $2.92 172K Mar 1, 2024 Direct 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 ANGI Restricted Stock Units Award $0 +750K $0.00 750K Mar 1, 2024 Class A Common Stock, par value $0.001 750K $0.00 Direct F4
transaction ANGI Restricted Stock Units Options Exercise $0 -200K -25% $0.00 600K Mar 1, 2024 Class A Common Stock, par value $0.001 200K $0.00 Direct F5
transaction ANGI Restricted Stock Units Options Exercise $0 -70.8K -50% $0.00 70.8K Mar 1, 2024 Class A Common Stock, par value $0.001 70.8K $0.00 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of ANGI Class A common stock acquired upon the vesting of restricted stock units (see footnote 5 below).
F2 Represents shares of ANGI Class A common stock acquired upon the vesting of restricted stock units (see footnote 6 below).
F3 Represents shares of ANGI Class A common stock withheld to cover the payment of taxes due in connection with the vesting of restricted stock units (see footnotes 5 and 6 below).
F4 Represents restricted stock units that vest in four equal installments on the anniversary of the grant date (March 1, 2024), subject to continued service.
F5 Represents restricted stock units that vest in four equal installments on the anniversary of the grant date (March 1, 2023), subject to continued service.
F6 Represents restricted stock units that vest in three installments on the anniversary of the grant date (March 01, 2022), subject to continued service.