Joseph Levin - May 29, 2025 Form 4 Insider Report for Angi Inc. (ANGI)

Signature
/s/ Joseph Levin
Stock symbol
ANGI
Transactions as of
May 29, 2025
Transactions value $
$0
Form type
4
Date filed
6/2/2025, 06:41 PM
Previous filing
May 9, 2025
Next filing
Jun 5, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
LEVIN JOSEPH Director, Executive Chairman C/O ANGI INC., 3601 WALNUT STREET, SUITE 700, DENVER /s/ Joseph Levin 2025-06-02 0001442083

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ANGI Class A Common Stock, par value $0.001 670K May 29, 2025 Direct F1, 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 ANGI Options to Purchase Class A Common Stock, par value $0.001 Award $0 +500K $0.00 500K May 29, 2025 Class A Common Stock, par value $0.001 500K $15.69 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 13, 2025, pursuant to that certain Employment Transition Agreement entered into by IAC Inc. and the Reporting Person, IAC Inc. transferred 5,008,600 fully vested shares of ANGI Class B Common Stock to the Reporting Person, all of which the Reporting Person converted into shares of ANGI Class A Common Stock on a one-for-one basis in accordance with their terms. Effective on March 24, 2025, ANGI effected a 1-for-10 reverse stock split of its common stock (the "Reverse Stock Split"). The amount of securities reported on this Form 4 have been adjusted to reflect the Reverse Stock Split.
F2 On March 31, 2025, the Reporting Person received 168,917 shares of ANGI Class A common stock in connection with the completion of the spin-off by IAC Inc. ("IAC") of ANGI by means of a special dividend (the "Distribution") of all of the shares of Class A Common Stock then held by IAC to holders of its common stock and Class B common stock (together, the "IAC Stock"). This special dividend was paid through the distribution of 42,080,232 shares of Class A Common Stock on March 31, 2025 to holders of record of IAC Stock as of the close of business on March 25, 2025 (the "Record Date"), on a pro rata basis. Holders of IAC Stock as of the Record Date received 0.5251 shares of Class A Common Stock for each share of IAC Stock then held. This transaction is exempt under Rule 16b-3.
F3 Represents a grant of options that vest in four equal installments over four years on the anniversary of the grant date, subject to continued service.