Jay C. Hoag - 11 Jun 2024 Form 4 Insider Report for TripAdvisor, Inc. (TRIP)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
13 Jun 2024, 19:39:52 UTC
Prior SEC filing
11 Jun 2024
Next SEC filing
03 Jul 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Frederic D. Fenton, Authorized Signatory for Jay C. Hoag

Key filing fact

Jay C. Hoag filed Form 4 for TripAdvisor, Inc. (TRIP) on 13 Jun 2024.

Key facts

  • This page summarizes Jay C. Hoag's Form 4 filing for TripAdvisor, Inc. (TRIP).
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 13 Jun 2024, 19:39.

Change

  • Previous filing in this sequence was filed on 11 Jun 2024.
  • 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.

TRIP transaction

Common Stock

Award

Transaction value
$0
Shares
+13,616
Change %
+25%
Price
$0.000000
Shares after
68,674
Date
11 Jun 2024
Ownership
Direct
Footnotes
F1, F2
TRIP holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,613,606
Date
11 Jun 2024
Ownership
TCV IX, L.P.
Footnotes
F3
TRIP holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
455,300
Date
11 Jun 2024
Ownership
TCV IX (A) Opportunities, L.P.
Footnotes
F4
TRIP holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
86,179
Date
11 Jun 2024
Ownership
TCV IX (B), L.P.
Footnotes
F5
TRIP holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
125,915
Date
11 Jun 2024
Ownership
TCV Member Fund, L.P.
Footnotes
F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

Represents shares underlying Restricted Stock Units ("RSUs") granted under TripAdvisor, Inc. stock and annual incentive plan in connection with such individual's election to the Board of Directors on June 11, 2024. Such RSUs vest in full on June 11, 2025.

Footnote F2

Jay C. Hoag has sole voting and dispositive power over the RSUs he holds directly. However, TCV IX Management, L.L.C. has a right to 100% of the pecuniary interest in such RSUs. Mr. Hoag is a Member of TCV IX Management, L.L.C. Mr. Hoag disclaims beneficial ownership of such RSUs and the shares underlying such RSUs except to the extent of his pecuniary interest therein.

Footnote F3

These shares are directly held by TCV IX, L.P. ("TCV IX"). Jay C. Hoag is a Class A Member of Technology Crossover Management IX, Ltd. ("Management IX") and a limited partner of Technology Crossover Management IX, L.P. ("TCM IX"). Management IX is the sole general partner of TCM IX, which in turn is the sole general partner of TCV IX. Mr. Hoag, Management IX, and TCM IX may be deemed to beneficially own the shares held by TCV IX, but each disclaims beneficial ownership of such shares except to their extent of his pecuniary interest therein.

Footnote F4

These shares are directly held by TCV IX (A) Opportunities, L.P. ("TCV A Opportunities"). Mr. Hoag is a Class A Member of Management IX and a limited partner of TCM IX. Management IX is the sole general partner of TCM IX, which in turn is the sole general partner of TCV IX, L.P., which is sole shareholder of TCV IX (A) Opportunities, Ltd., which in turn is the sole limited partner of TCV IX A Opportunities. Mr. Hoag, Management IX, TCM IX, TCV IX (A), L.P. and TCV IX (A) Opportunities, Ltd. may be deemed to beneficially own the shares held by TCV IX A Opportunities but each disclaims beneficial ownership of such shares except to the except of their pecuniary interest therein.

Footnote F5

These shares are directly held by TCV IX (B), L.P. ("TCV IX (B)"). Jay C. Hoag is a Class A Member of Management IX and a limited partner of TCM IX. Management IX is the sole general partner of TCM IX, which in turn is the sole general partner of TCV IX (B). Mr. Hoag, Management IX, and TCM IX may be deemed to beneficially own the shares held by TCV IX (B) but each disclaims beneficial ownership of such shares except to the extent of their pecuniary interest therein.

Footnote F6

These shares are directly held by TCV Member Fund, L.P. ("TCV MF"). Mr. Hoag is a Class A Member of Management IX. Management IX is a general partner of TCV MF. Mr. Hoag is also a limited partner of TCV MF. Mr. Hoag and Management IX may be deemed to beneficially own the shares held by TCV MF but each disclaims beneficial ownership of such shares except to the extent of their pecuniary interest therein.

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