Diller Barry - 18 Mar 2024 Form 4 Insider Report for Expedia Group, Inc. (EXPE)

Signature
/s/ Michael S. Marron, Attorney-in-fact
Issuer symbol
EXPE
Transactions as of
18 Mar 2024
Transactions value $
$0
Form type
4
Filing time
20 Mar 2024, 17:03:46 UTC
Previous filing
01 Mar 2024
Next filing
03 Apr 2024

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 EXPE Performance Stock Units Award $0 +23.6K $0.00 23.6K 18 Mar 2024 Common Stock 23.6K $0.00 Direct F1
transaction EXPE Restricted Stock Units Award $0 +23.6K $0.00 23.6K 18 Mar 2024 Common Stock 23.6K $0.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vesting of the performance stock units ("PSUs") is dependent on two equally weighted financial performance metrics: (i) the compound annual growth rate ("CAGR") of Expedia Group's revenue and (ii) the CAGR of Expedia Group's Adjusted EBITDA, measured over a performance period from January 1, 2024, through December 31, 2026. The "target" number of PSUs is reported. Between 0% and 200% of the target number of PSUs may vest on February 15, 2027, with the actual vesting percentage determined based on the achieved CAGR for each metric, subject to the reporting person's continued employment through the vesting date. The PSUs will be settled in shares of Expedia Group's common stock upon vesting.
F2 Date at which first vesting occurs is indicated. One-sixteenth of the total number of restricted stock units vests on May 15, 2024 and an additional one-sixteenth on the fifteenth day of the second month in each quarter thereafter until fully vested.