Amended Statement of Beneficial Ownership (3/a)
13 January 2022 - 4:46AM
Edgar (US Regulatory)
FORM 3
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
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OMB APPROVAL
OMB Number:
3235-0104
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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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1. Name and Address of Reporting Person
*
Dua Umang |
2. Date of Event Requiring Statement (MM/DD/YYYY)
11/23/2021
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3. Issuer Name and Ticker or Trading Symbol
Angi Inc. [ANGI]
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(Last)
(First)
(Middle)
C/O ANGI INC., 3601 WALNUT STREET, SUITE 700 |
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)
_____ Director _____ 10% Owner
___X___ Officer (give title below) _____ Other (specify below)
CRO - Services / |
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(Street)
DENVER, CO 80205
(City)
(State)
(Zip)
| 5. If Amendment, Date Original Filed(MM/DD/YYYY)
11/19/2021
| 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Beneficially Owned
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1.Title of Security
(Instr. 4) | 2. Amount of Securities Beneficially Owned
(Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5) | 4. Nature of Indirect Beneficial Ownership
(Instr. 5) |
| Class A Common Stock, par value $0.001 | 295427 (1) | D | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security
(Instr. 4) | 2. Date Exercisable and Expiration Date
(MM/DD/YYYY) | 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5) | 6. Nature of Indirect Beneficial Ownership
(Instr. 5) |
| Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
| Restricted Stock Units (2) | 2/24/2023 | 2/24/2023 | Class A Common Stock, par value $0.001 | 209643.0 | $0.0 | D | |
| Restricted Stock Units (3) | 3/31/2022 | 3/31/2023 | Class A Common Stock, par value $0.001 | 738550.0 | $0.0 | D | |
| Explanation of Responses: |
| (1) | Includes: (i) 186,801 shares of ANGI Class A Common Stock held directly by the reporting person and (ii) 108,626 shares of ANGI Class A Common Stock currently being held in escrow and which are subject to reduction in connection with certain purchase price adjustment and indemnification obligations. |
| (2) | Represents unvested restricted stock units that vest in one installment on February 24, 2023, subject to continued service. |
| (3) | Represents unvested restricted stock units that vest in two equal annual installments commencing on March 31, 2022 and ending on March 31, 2023, subject to continued service. |
Remarks:
Section 16(a) of the Exchange Act requires the Company's directors, certain of the Company's officers and persons who beneficially own more than 10% of a registered class of the Company's equity securities to file initial statements of beneficial ownership (Form 3) and statements of changes in beneficial ownership (Forms 4 and 5) of Angi Class A common stock and other equity securities of the Company with the SEC. Directors, officers and greater than 10% beneficial owners are required by SEC rules to furnish the Company with copies of all such forms they file. Based solely on a review of the copies of such forms furnished to the Company (and/or available on the SEC's website) and/or written representations that no additional forms were required, the Company believes that its directors, officers and greater than 10% beneficial owners complied with these filing requirements in 2021, except that due to administrative error on the part of the Company, missed filings to report the withholding of shares to cover taxes due on the release from escrow of shares to Mr. Dua and the settlement for cash in lieu of fractional shares. The Company also determined that, due to an administrative error on the part of the Company, there were missed filings in 2020 to report (i) the withholding of shares to cover taxes due on the release from escrow of shares to Mr. Dua and the settlement for cash in lieu of fractional shares and (ii) a release to ANGI of certain shares previously held in escrow for the contingent benefit of Mr. Dua.
Exhibit 24 - Power of Attorney |
Reporting Owners
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| Reporting Owner Name / Address | Relationships |
| Director | 10% Owner | Officer | Other |
Dua Umang
C/O ANGI INC.
3601 WALNUT STREET, SUITE 700
DENVER, CO 80205 |
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| CRO - Services |
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Signatures
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| Shannon M. Shaw as Attorney-in-Fact for Umang Dua | | 1/12/2022 |
| **Signature of Reporting Person | Date |
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