Glenn H. Schiffman - 25 May 2021 Form 4 Insider Report for IAC/InterActiveCorp (IAC)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
27 May 2021, 16:37:26 UTC
Prior SEC filing
17 May 2021
Next SEC filing
17 Jun 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Tanya Stanich as Attorney-in-Fact for Glenn H. Schiffman

Key filing fact

Glenn H. Schiffman filed Form 4 for IAC/InterActiveCorp (IAC) on 27 May 2021.

Key facts

  • This page summarizes Glenn H. Schiffman's Form 4 filing for IAC/InterActiveCorp (IAC).
  • 5 reported transactions and 4 derivative rows are listed below.
  • Accepted by SEC: 27 May 2021, 16:37.

Change

  • Previous filing in this sequence was filed on 17 May 2021.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

IAC transaction

Common Stock, par value $0.0001

Other

Transaction value
Shares
+34,608
Change %
Price
Shares after
34,608
Date
25 May 2021
Ownership
Direct
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

IAC transaction Derivative

Options to Purchase Common Stock, par value $0.0001

Other

Transaction value
$0
Shares
+151,000
Change %
Price
$0.000000
Shares after
151,000
Date
25 May 2021
Ownership
Direct
Underlying class
Common Stock, par value $0.0001
Underlying amount
151,000
Exercise price
$9.31
Footnotes
F2
IAC transaction Derivative

Options to Purchase Common Stock, par value $0.0001

Other

Transaction value
$0
Shares
+150,000
Change %
Price
$0.000000
Shares after
150,000
Date
25 May 2021
Ownership
Direct
Underlying class
Common Stock, par value $0.0001
Underlying amount
150,000
Exercise price
$15.45
Footnotes
F2
IAC transaction Derivative

Options to Purchase Common Stock, par value $0.0001

Other

Transaction value
$0
Shares
+80,000
Change %
Price
$0.000000
Shares after
80,000
Date
25 May 2021
Ownership
Direct
Underlying class
Common Stock, par value $0.0001
Underlying amount
80,000
Exercise price
$31.01
Footnotes
F2
IAC transaction Derivative

Restricted Stock Units

Other

Transaction value
$0
Shares
+277,529
Change %
Price
$0.000000
Shares after
277,529
Date
25 May 2021
Ownership
Direct
Underlying class
Common Stock, par value $0.0001
Underlying amount
277,529
Exercise price
$0.000000
Footnotes
F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Reflects shares of IAC common stock, par value $0.0001, received in respect of shares of IAC common stock, par value $0.001, in connection with a reclassification effected in connection with (and immediately preceding) the spin-off by IAC of Vimeo, Inc. (the "Spin-Off") pre-market on May 25, 2021.

Footnote F2

In connection with the Spin-Off, IAC stock options were converted into IAC and Vimeo, Inc. stock options, with adjustments (to maintain pre- and post-Spin-Off values) to, in the case of IAC stock options, the per share exercise prices to reflect the Spin-Off. These previously granted stock options have the same vesting and other applicable terms and conditions as they did immediately prior to the Spin-off. Reflects IAC stock options, as adjusted on the basis described immediately above.

Footnote F3

Reflects previously granted IAC restricted stock units with adjustments (to maintain pre- and post-Spin-Off values) to the number of shares of IAC common stock underlying such awards, to reflect the Spin-Off. These previously granted awards have the same vesting and other applicable terms and conditions as they did immediately prior to the Spin-Off.

Footnote F4

Represents restricted stock units that vest in one lump sum installment on February 15, 2025, subject to continued service, and with partial vesting upon certain terminations of employment.

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