Key facts
- This page summarizes IAC Inc.'s Form 4 filing for Angi Inc. (ANGI).
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 01 Apr 2025, 16:35.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
Options Exercise
Disposed to Issuer
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
Options Exercise
Additional SEC filing notes
Footnote F1
Represents shares of Class A common stock, par value $0.001 ("Class A Common Stock"), of Angi Inc. ("Angi") that were acquired by the reporting person upon the conversion of shares of Class B common stock, par value $0.001, of Angi ("Class B Common Stock") on a one-for-one basis pursuant to the terms of the Class B Common Stock (see footnote 3 below).
Footnote F2
On March 31, 2025, IAC Inc. ("IAC") completed the spin-off of Angi by means of a special dividend (the "Distribution") of all of the shares of Class A Common Stock then held by IAC to holders of its common stock and Class B common stock (together, the "IAC Stock"). This special dividend was paid through the distribution of 42,080,232 shares of Class A Common Stock on March 31, 2025 to holders of record of IAC Stock as of the close of business on March 25, 2025 (the "Record Date"), on a pro rata basis. Holders of IAC Stock as of the Record Date received 0.5251 shares of Class A Common Stock for each shares of IAC Stock then held. Holders of IAC Stock did not receive fractional shares of Class A Common Stock in connection with the Distribution. Instead, holders of IAC Stock received (if applicable) a cash payment in lieu of any fractional shares of Class A Common Stock that they otherwise would have received in connection with the Distribution.
Footnote F3
On March 31, 2025, IAC converted 41,701,064 shares of Class B Common Stock, which constituted all of the outstanding shares of Class B Common Stock, into shares of Class A Common Stock on a one-for-one basis pursuant to the terms of the Class B Common Stock.