SEC FORM 4/A SEC Form 4
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
 
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
BRONFMAN EDGAR JR

(Last) (First) (Middle)
75 ROCKEFELLER PLAZA
30TH FLOOR

(Street)
NEW YORK NY 10019

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
IAC/INTERACTIVECORP [ IACI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
09/30/2005
4. If Amendment, Date of Original Filed (Month/Day/Year)
10/04/2005
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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 $0.01(1) 08/09/2005 J(1) 12,666(2) D $0 0 D
Common Stock, par value $0.001(1) 08/09/2005 J(1) 8,404(3)(4) A $0 8,404(3)(4) D
Common Stock, par value $0.001(5) 09/30/2005 A(5) 522(5) A $25.35 8,926(6) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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
Options to Purchase Common Stock(7) $26.99 08/09/2005 J(7) 5,000 08/09/2005(8) 06/12/2012(8) Common Stock 5,000 $0 5,000 D
Restricted Stock Units(9) $0 08/09/2005 J(9) 2,251 05/29/2006(10)(11) 05/29/2006(10)(11) Common Stock 2,251 $0 2,251 D
Restricted Stock Units(9) $0 08/09/2005 J(9) 4,502 06/23/2006(10)(12) 06/23/2007(10)(12) Common Stock 4,502 $0 4,502 D
Restricted Stock Units(9) $0 08/09/2005 J(9) 6,753 07/19/2006(10)(13) 07/19/2008(10)(13) Common Stock 6,753 $0 6,753 D
Explanation of Responses:
1. Reflects the disposition of IAC Common Stock, par value $0.01 ("Old IAC Common Stock"), and the acquisition of IAC Common Stock, par value $0.001 ("New IAC Common Stock"), in each case, in connection with the spin-off by IAC/InterActiveCorp ("IAC") of Expedia, Inc. ("Expedia"), which was completed on August 9, 2005 (the "Spin-Off"). The Spin-Off, which was immediately preceded by a one-for-two reverse stock split (the "Reverse Stock Split"), was effected by way of a reclassification, pursuant to which each share of Old IAC Common Stock was reclassified into one share of New IAC Common Stock and 1/100 of a share of IAC Series 1 Mandatory Exchangeable Preferred Stock, which was automatically exchanged into one share of Expedia Common Stock.
2. Includes (i)7,500 shares of Old IAC Common Stock held directly by the reporting person and (ii) 5,166 share units, each of which represents the right to receive one share of Old IAC Common Stock, accrued pursuant to the Non-Employee Director Deferred Compensation Plan, as of August 9, 2005 ("Old IAC Share Units"). Does not include the following indirect holdings:(i) 21,500 shares of Old IAC Common Stock acquired by, and held for the reporting person in, an IRA, (ii) 8,500 shares of Old IAC Common Stock held by the reporting person in his capacity as custodian for his minor children, of which shares the reporting person disclaims beneficial ownership, and (iii) 2,050 shares of Old IAC Common Stock held by the reporting person's spouse, of which shares the reporting person disclaims beneficial ownership.
3. Includes (i)3,750 shares of New IAC Common Stock held directly by the reporting person and (ii) 4,654 share units, each of which represents the right to receive one share of New IAC Common Stock, accrued pursuant to the Non-Employee Director Deferred Compensation Plan, as of August 9, 2005 ("New IAC Share Units"). Does not include the following indirect holdings:(i) 10,750 shares of New IAC Common Stock acquired by, and held for the reporting person in, an IRA, (ii) 4,250 shares of New IAC Common Stock held by the reporting person in his capacity as custodian for his minor children, of which shares the reporting person disclaims beneficial ownership, and (iii) 1,025 shares of New IAC Common Stock held by the reporting person's spouse, of which shares the reporting person disclaims beneficial ownership.
4. In connection with the Spin-Off, all of the reporting person's Old IAC Share Units, which represented the right to receive shares of Old IAC Common Stock, were converted into New IAC Share Units representing the right to receive shares of New IAC Common Stock, with adjustments to the number of shares underlying each share unit based on the market capitalization of IAC after giving effect to the Spin-Off and Reverse Stock Split. The nature and impact of this adjustment were not accurately reflected in the initial form due to administrative error.
5. Represents New IAC Share Units accrued pursuant to the Non-Employee Director Deferred Compensation Plan as of September 30, 2005.
6. Includes (i)3,750 shares of New IAC Common Stock held directly by the reporting person and (ii) 5,176 New IAC Share Units accrued pursuant to the Non-Employee Director Deferred Compensation Plan as of September 30, 2005. Does not include the following indirect holdings:(i) 10,750 shares of New IAC Common Stock acquired by, and held for the reporting person in, an IRA, (ii) 4,250 shares of New IAC Common Stock held by the reporting person in his capacity as custodian for his minor children, of which shares the reporting person disclaims beneficial ownership, and (iii) 1,025 shares of New IAC Common Stock held by the reporting person's spouse, of which shares the reporting person disclaims beneficial ownership.
7. In connection with the Spin-Off, each of the reporting person's vested options to purchase shares of Old IAC Common Stock converted into one vested option to purchase shares of New IAC Common Stock and one vested option to purchase shares of Expedia Common Stock, with adjustments to the number of shares subject to each vested option and the option exercise prices based on the relative market capitalizations of IAC and Expedia after giving effect to the Spin-Off and Reverse Stock Split.
8. Other than the adjustments described in footnote 7 above, vested options to purchase New IAC Common Stock received in connection with the Spin-Off have the same terms and conditions, including the same exercise periods, as the vested options to purchase Old IAC Common Stock had immediately prior to the Spin-Off and Reverse Stock Split.
9. In connection with the Spin-Off, all of the reporting person's restricted stock units, which represented the right to receive shares of Old IAC Common Stock ("Old IAC RSUs"), converted into restricted stock units representing the right to receive shares of New IAC Common Stock, with adjustments to the number of shares underlying each restricted stock unit based on the market capitalization of IAC after giving effect to the Spin-Off and Reverse Stock Split ("New IAC RSUs").
10. New IAC RSUs received in connection with the Spin-Off have the same terms and conditions, including the same vesting periods, as Old IAC RSUs had immediately prior to the Spin-Off and Reverse Stock Split.
11. The terms of the initial grant provide for vesting in equal installments over three years on the anniversary of the grant date, May 29, 2003.
12. The terms of the initial grant provide for vesting in equal installments over three years on the anniversary of the grant date, June 23, 2004.
13. The terms of the initial grant provide for vesting in equal installments over three years on the anniversary of the grant date, July 19, 2005.
Joanne Hawkins as Attorney-in-Fact for Edgar Bronfman Jr. 01/04/2006
** 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.