Gillian Munson - Mar 1, 2024 Form 4 Insider Report for Vimeo, Inc. (VMEO)

Role
Chief Financial Officer
Signature
/s/ Jessica Tracy as Attorney-in-Fact for Gillian Munson
Stock symbol
VMEO
Transactions as of
Mar 1, 2024
Transactions value $
-$409,177
Form type
4
Date filed
3/5/2024, 04:09 PM
Previous filing
Feb 9, 2024
Next filing
Apr 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VMEO Common Stock Award +170K +15.64% 1.26M Mar 1, 2024 Direct F1
transaction VMEO Common Stock Tax liability -$409K -81.7K -6.5% $5.01 1.18M Mar 1, 2024 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a vesting of 166,667 market-based restricted stock units ("RSUs"), granted on March 1, 2023. Pursuant to the award agreement, the number of RSUs earned was subject to upward adjustment of the 166,667 RSUs, based on (i) the volume-weighted average of the closing price of the Issuer's common stock for the twenty (20) trading days immediately preceding the vesting date divided by (ii) $4.00.
F2 Represents shares that have been withheld by the Issuer to satisfy its income tax and withholding and remittance obligations in connection with the net settlement of RSUs and does not represent a sale by the Reporting Person.
F3 The total reported in Column 5 includes (i) grants totaling 753,622 RSUs previously awarded to the Reporting Person, and (ii) 255,248 shares of the Issuer's common stock.