Jeffrey W. Kip - 05 Apr 2024 Form 4 Insider Report for Angi Inc. (ANGI)

Role
CEO
Signature
Shannon M. Shaw as Attorney-in-Fact for Jeffrey W. Kip
Issuer symbol
ANGI
Transactions as of
05 Apr 2024
Net transactions value
$0
Form type
4
Filing time
11 Apr 2024, 17:45:18 UTC
Previous filing
15 Feb 2024
Next filing
15 Nov 2024
SEC
View on sec.gov

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 +2,800,000 $0.000000 2,800,000 05 Apr 2024 Class A Common Stock, par value $0.001 2,800,000 $0.000000 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents performance-based restricted stock units ("PSUs") that will vest on the later of the first, second, third and fourth anniversaries of the vesting date and the date on or after such date on which the weighted average closing price of Angi Class A Common Stock for a period of thirty (30) consecutive trading days exceeds $4.50, $6.00, $7.50, and $10.00, respectively, assuming the Reporting Person's continued service through the applicable anniversary. The terms of the PSUs also provide for partial vesting (assuming the satisfaction of the stock price conditions within specified periods) upon certain terminations of employment and a change in control of Angi.

Remarks:

Exhibit 24 - Power of Attorney