Bryan Lourd - 23 Jun 2023 Form 4 Insider Report for IAC Inc. (IAC)

Role
Director
Signature
Tanya M. Stanich as Attorney-in-Fact for Bryan Lourd
Issuer symbol
IAC
Transactions as of
23 Jun 2023
Net transactions value
$0
Form type
4
Filing time
27 Jun 2023, 16:15:37 UTC
Previous filing
20 Jun 2023
Next filing
05 Jul 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IAC Common Stock, par value $0.0001 Options Exercise $0 +1,034 +0.66% $0.000000 158,287 23 Jun 2023 Direct F1
transaction IAC Common Stock, par value $0.0001 Options Exercise $0 +1,347 +0.85% $0.000000 159,634 25 Jun 2023 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction IAC Restricted Stock Units Options Exercise $0 -1,034 -33% $0.000000 2,069 23 Jun 2023 Common Stock, par value $0.0001 2,069 $0.000000 Direct F3
transaction IAC Restricted Stock Units Options Exercise $0 -1,347 -100% $0.000000* 0 25 Jun 2023 Common Stock, par value $0.0001 1,347 $0.000000 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects shares of IAC common stock received upon the vesting of restricted stock units (see footnotes 3 and 4 below).
F2 lncludes: (i) 38,322 shares of IAC common stock held directly by the reporting person and (ii) 121,312 share units accrued under the Non-Employee Director Deferred Compensation Plan as of the date of this report.
F3 Represents restricted stock units that vested/vest in equal installments on each of June 23, 2023, 2024, and 2025, subject to continued service.
F4 Represents restricted stock units that vested in equal installments on each of June 25, 2021, 2022 and 2023, subject to continued service.