Michael Noonan - 22 Feb 2023 Form 4/A - Amendment Insider Report for TripAdvisor, Inc. (TRIP)

Role
CFO & SVP
Signature
/s/ Linda C. Frazier, attorney in fact
Issuer symbol
TRIP
Transactions as of
22 Feb 2023
Transactions value $
$0
Form type
4/A - Amendment
Filing time
27 Feb 2023, 08:13:21
Date Of Original Report
24 Feb 2023
Previous filing
02 Nov 2022
Next filing
02 Nov 2023
SEC
View on sec.gov

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 TRIP Restricted Stock Units Award $0 +67.4K $0.00 67.4K 22 Feb 2023 Common Stock 67.4K $0.00 Direct F1, F2
transaction TRIP Restricted Stock Units (Performance-Based) Award $0 +67.4K $0.00 67.4K 22 Feb 2023 Restricted Stock Units 67.4K $0.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Date at which first vesting occurs is indicated. 25% of the total number of RSUs vest on February 15, 2024, and 6.25% will vest quarterly thereafter. The award is fully vested on February 15, 2027.
F2 This Form 4/A is filed to correct the Expiration Date of the Restricted Stock Units ("RSU"). The original Form 4 filing incorrectly listed 2/15/2028 instead of 2/15/2027 as the Expiration Date in Column 6.
F3 The number of PSUs to vest and settle will be based on actual performance relative to the performance metrics, targets and weightings to be established by the Compensation Committee for the performance period ended December 31, 2024. The number of derivative securities set forth above is the target number of PSUs. The actual number of PSUs will vest and settle 50% on or about December 31, 2024 and the remaining 50% on December 31, 2025.