RICHARD F. ZANNINO - 23 Jun 2023 Form 4 Insider Report for IAC Inc. (IAC)

Role
Director
Signature
Tanya M. Stanich as Attorney-in-Fact for Richard Zannino
Issuer symbol
IAC
Transactions as of
23 Jun 2023
Net transactions value
$0
Form type
4
Filing time
27 Jun 2023, 16:15:26 UTC
Previous filing
16 Jun 2023
Next filing
18 Sep 2023
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 Options Exercise $0 +1,034 +2.1% $0.000000 49,289 23 Jun 2023 Direct F1
transaction IAC Common Stock, par value $0.0001 Options Exercise $0 +1,347 +2.7% $0.000000 50,636 25 Jun 2023 Direct F1

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 Options Exercise $0 -1,034 -33% $0.000000 2,069 23 Jun 2023 Common Stock, par value $0.0001 1,034 $0.000000 Direct F2
transaction IAC Restricted Stock Units Options Exercise $0 -1,347 -100% $0.000000* 0 25 Jun 2023 Common Stock, par value $0.0001 1,347 $0.000000 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects shares of IAC common stock received upon the vesting of restricted stock units (see footnotes 2 and 3 below).
F2 Represents restricted stock units that vested/vest in equal installments on each of June 23, 2023, 2024, and 2025, subject to continued service.
F3 Represents restricted stock units that vested in equal installments on each of June 25, 2021, 2022, and 2023, subject to continued service.