Victor Kaufman - Feb 6, 2025 Form 4 Insider Report for IAC Inc. (IAC)

Role
Vice Chairman, Director
Signature
/s/ Tanya M. Stanich as Attorney-in-Fact for Victor Kaufman
Stock symbol
IAC
Transactions as of
Feb 6, 2025
Transactions value $
-$521,029
Form type
4
Date filed
2/19/2025, 04:01 PM
Previous filing
May 27, 2021
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 Award $0 +27.8K +38.57% $0.00 99.7K Feb 15, 2025 Direct F1
transaction IAC Common Stock, par value $0.0001 Tax liability -$521K -11.1K -11.11% $47.02 88.6K Feb 15, 2025 Direct 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 Award $0 -5.91K -100% $0.00 0 Feb 6, 2025 Common Stock, par value $0.0001 5.91K $0.00 Direct F3
transaction IAC Restricted Stock Units Options Exercise $0 -27.8K -100% $0.00 0 Feb 15, 2025 Common Stock, par value $0.0001 27.8K $0.00 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of IAC common stock acquired upon the vesting of restricted stock units (see footnote 4 below).
F2 Represents shares of lAC common stock withheld to cover the payment of taxes due in connection with the vesting of restricted stock units (see footnote 4 below).
F3 Represents restricted stock units that vest in three equal installments on the first, second and third anniversaries of the grant date (February 6, 2025).
F4 Represents restricted stock units that vested on February 15, 2025, subject to continued service.