FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
IAC/InterActiveCorp [ IAC ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 05/14/2021 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Common Stock, par value $0.0001(1) | 05/25/2021 | J(1) | 65,469 | A | (1) | 65,469(2) | D |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Restricted Stock Units | $0 | 05/14/2021 | A | 1,095 | 05/14/2022(3) | 05/14/2024(3) | Common Stock, par value $0.001 | 1,095 | $0 | 1,095 | D | ||||
Restricted Stock Units(4) | $0 | 05/25/2021 | J(4) | 2,690 | 06/28/2021(5) | 06/28/2021(5) | Common Stock, par value $0.0001 | 2,690 | $0 | 2,690 | D | ||||
Restricted Stock Units(4) | $0 | 05/25/2021 | J(4) | 3,576 | 06/12/2021(6) | 06/12/2022(6) | Common Stock, par value $0.0001 | 3,576 | $0 | 3,576 | D | ||||
Restricted Stock Units(4) | $0 | 05/25/2021 | J(4) | 4,039 | 06/25/2021(7) | 06/25/2023(7) | Common Stock, par value $0.0001 | 4,039 | $0 | 4,039 | D | ||||
Restricted Stock Units(4) | $0 | 05/25/2021 | J(4) | 1,646 | 05/14/2022(3) | 05/14/2024(3) | Common Stock, par value $0.0001 | 1,646 | $0 | 1,646 | D |
Explanation of Responses: |
1. 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. |
2. Includes: (i) 39,476 shares of IAC common stock held directly by the reporting person and (ii) 25,993 share units accrued under IAC's Non-Employee Director Deferred Compensation Plans as of the date of this report. |
3. Represents restricted stock units that vest in equal installments on each of May 14, 2022, 2023 and 2024, subject to continued service. |
4. 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 restricted stock units, to reflect the Spin-Off. These previously granted restricted stock units have the same vesting and other applicable terms and conditions as they did immediately prior to the Spin-Off. |
5. Represents restricted stock units, the last installment of which vests on June 28, 2021, subject to continued service. |
6. Represents restricted stock units, which vest in two equal installments on each of June 12, 2021 and 2022, subject to continued service. |
7. Represents restricted stock units that vest in equal installments on each of June 25, 2021, 2022 and 2023, subject to continued service. |
Tanya M. Stanich as Attorney-in-Fact for David S. Rosenblatt | 05/27/2021 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |