Statement of Changes in Beneficial Ownership (4)
26 February 2020 - 8:44AM
Edgar (US Regulatory)
FORM 4
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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).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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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
*
Schwerdtman Michael H |
2. Issuer Name and Ticker or Trading Symbol
IAC/INTERACTIVECORP
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IAC
]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) SVP and Controller (CAO) |
(Last)
(First)
(Middle)
C/O IAC/INTERACTIVECORP, 555 WEST 18TH STREET |
3. Date of Earliest Transaction
(MM/DD/YYYY)
2/21/2020 |
(Street)
NEW YORK, NY 10011
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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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 Acquired, Disposed of, or Beneficially Owned
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1.Title of Security (Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code (Instr. 8)
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4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Common Stock, par value $0.001 (1) | 2/21/2020 | | M(1) | | 7500 | A | $40.37 | 9781 | D | |
Common Stock, par value $0.001 (1) | 2/21/2020 | | M(1) | | 7500 | A | $76.00 | 17281 | D | |
Common Stock, par value $0.001 (2) | 2/21/2020 | | F(2) | | 8832 | D | $230.83 | 8849 | D | |
Common Stock, par value $0.001 | 2/21/2020 | | S | | 6168 | D | $230.78 (3) | 2281 | 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. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. 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 | 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 of Derivative Security: 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, par value $0.001 (4) | $40.37 | 2/21/2020 | | M (4) | | | 7500 | 2/10/2017 (4) | 2/10/2020 (4) | Common Stock, par value $0.001 | 7500 | $0 | 0 | D | |
Options to Purchase Common Stock, par value $0.001 (5) | $76.00 | 2/21/2020 | | M (5) | | | 7500 | 2/14/2018 (5) | 2/14/2021 (5) | Common Stock, par value $0.001 | 7500 | $0 | 7500 | D | |
Explanation of Responses: |
(1) | Represents shares of IAC common stock acquired upon the exercise of stock options (see footnotes 4 and 5 below). |
(2) | Represent shares of IAC common stock withheld to cover exercise price and tax obligations in connection with the exercise of stock options (see footnotes 4 and 5 below). |
(3) | The price reflects a weighted average sales price ranging from $230.71 to $230.90. The reporting person agrees to provide, upon request by the Staff of the Securities and Exchange Commission, IAC or an IAC security holder, information regarding the number of shares sold at each separate price. |
(4) | Represents vested stock options. |
(5) | Represents stock options that vested/vest on February 14, 2018, 2019, 2020 and 2021. |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Schwerdtman Michael H C/O IAC/INTERACTIVECORP 555 WEST 18TH STREET NEW YORK, NY 10011 |
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| SVP and Controller (CAO) |
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Signatures
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Tanya M. Stanich as Attorney-in-Fact for Michael H. Schwerdtman | | 2/25/2020 |
**Signature of Reporting Person | Date |
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