Liberty TripAdvisor Holdings, Inc. 4
4 · TripAdvisor, Inc. · Filed Mar 27, 2025
Insider Transaction Report
Form 4
Liberty TripAdvisor Holdings, Inc.
10% Owner
Transactions
- Purchase
0.50% Exch. Senior Debentures due 2051 (obligation to sell)
2025-03-25$325900000.00/sh→ Common Stock, par value $0.001 per share (4,670,114 underlying)
Footnotes (4)
- [F1]Each $1,000 principal amount of 0.50% exchangeable senior debentures due 2051 (the "Debentures") is exchangeable for 14.3299 shares of the issuer's common stock, par value $0.001 per share (the "Common Stock"). Upon exchange at the option of the holder or a purchase of the Debentures pursuant to a holder's put right, the reporting person shall settle in cash.
- [F2]Each Debenture is exchangeable at the option of the holder during specified periods as set forth in the Remarks section. Holders of the Debentures held the right to put them to the reporting person on March 27, 2025. The Debentures may be redeemed by the reporting person, (i) in whole or in part, on or after March 27, 2025 at any time, or (ii) in whole, but not in part, prior to March 27, 2025, after the occurrence of certain events.
- [F3]On March 25, 2025, the reporting person accepted for repurchase in cash $325,900,000.00 aggregate original principal amount of Debentures. On March 27, 2025, holders of the Debentures received payment of $1,000 for each $1,000 original principal amount of the Debentures, plus accrued and unpaid interest of $1.2083.
- [F4]The Debentures mature on June 30, 2051.