4//SEC Filing
Liberty TripAdvisor Holdings, Inc. 4
Accession 0001104659-24-131290
CIK 0001526520operating
Filed
Dec 22, 7:00 PM ET
Accepted
Dec 23, 4:10 PM ET
Size
9.3 KB
Accession
0001104659-24-131290
Insider Transaction Report
Form 4
Liberty TripAdvisor Holdings, Inc.
10% Owner
Transactions
- OtherSwap
Forward sale contract (obligation to sell)
2024-12-19−2,422,210→ 0 total(indirect: Held through Wholly-Owned Subsidiary)→ Common Stock, par value $0.001 per share (2,422,210 underlying) - OtherSwap
Common Stock
2024-12-19−2,422,210→ 14,023,684 total(indirect: Held through Wholly-Owned Subsidiary)
Footnotes (1)
- [F1]On March 9, 2020, Liberty TripAdvisor, LLC, a wholly owned subsidiary of the Reporting Person ("Counterparty"), entered into an agreement establishing the terms and conditions of a variable forward transaction (the "Forward Contract") with an unaffiliated third party buyer ("Buyer"). On March 13, 2020, Buyer ended the initial hedging period and the number of shares of TripAdvisor, Inc. (the "Issuer") common stock ("Common Stock") subject to the Forward Contract was set at 2,422,210 (the "Number of Shares") and the initial share price was set at $19.1707 pursuant to the terms of the Forward Contract, as further described in "Remarks" below. On December 19, 2024, the Forward Contract settled and the Reporting Person elected to settle its delivery obligations under the Forward Contract by physical settlement, resulting in delivery of the full Number of Shares to Buyer and received from Buyer a final payment of $602,404.
Documents
Issuer
TripAdvisor, Inc.
CIK 0001526520
Entity typeoperating
IncorporatedCO
Related Parties
1- filerCIK 0001606745
Filing Metadata
- Form type
- 4
- Filed
- Dec 22, 7:00 PM ET
- Accepted
- Dec 23, 4:10 PM ET
- Size
- 9.3 KB