JOSEPH LEVIN - 13 Jan 2025 Form 4 Insider Report for IAC Inc. (IAC)

Signature
/s/ JOSEPH LEVIN BY TANYA M. STANICH AS ATTORNEY-IN-FACT
Issuer symbol
IAC
Transactions as of
13 Jan 2025
Net transactions value
$0
Form type
4
Filing time
15 Jan 2025, 17:52:31 UTC
Previous filing
27 Feb 2024
Next filing
05 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IAC Common Stock, par value $0.0001 Disposed to Issuer $0 -3,000,000 -100% $0.000000 0 13 Jan 2025 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the cancellation of 3,000,000 restricted shares of IAC common stock pursuant to the employment transition agreement, dated January 13, 2025, between IAC Inc. and the reporting person.
F2 Represents restricted shares of IAC common stock governed by an amended and restated restricted stock agreement, dated as of June 7, 2021, between the issuer and the reporting person.