IAC/INTERACTIVECORP 4

Accession 0001179110-05-019248

$MTCHCIK 0000891103operating

View on SEC.gov Company Profile

Filed

Oct 3, 8:00 PM ET

Accepted

Oct 4, 6:24 PM ET

Size

24.4 KB

Accession

0001179110-05-019248

Insider Transaction Report

Form 4

Period: 2005-09-30

IAC/INTERACTIVECORPIACI

KRAVIS MARIE JOSEE

Director

Transactions

Other
Common Stock, par value $0.001
2005-08-09+5,901→ 5,901 total
Award
Common Stock, par value $0.001
2005-09-30$25.35/sh+329$8,340→ 6,230 total
Other
Options to Purchase Common Stock
2005-08-09+5,000→ 5,000 total
Exercise: $27.98From: 2005-08-09Exp: 2011-05-30→ Common Stock (5,000 underlying)
Other
Restricted Stock Units
2005-08-09+4,502→ 4,502 total
Exercise: $0.00From: 2006-06-23Exp: 2007-06-23→ Common Stock (4,502 underlying)
Other
Common Stock, par value $0.01
2005-08-09−11,802→ 0 total
Other
Options to Purchase Common Stock
2005-08-09+2,500→ 2,500 total
Exercise: $25.97From: 2005-08-09Exp: 2011-03-12→ Common Stock (2,500 underlying)
Other
Restricted Stock Units
2005-08-09+2,251→ 2,251 total
Exercise: $0.00From: 2006-05-29Exp: 2006-05-29→ Common Stock (2,251 underlying)
Other
Restricted Stock Units
2005-08-09+6,753→ 6,753 total
Exercise: $0.00From: 2006-07-19Exp: 2008-07-19→ Common Stock (6,753 underlying)

Footnotes (9)

[F1]Reflects the disposition of IAC Common Stock, par value $0.01 ("Old IAC Common Stock"), and the acquisition of IAC Common Stock, par value $0.001 ("New IAC Common Stock"), in each case, in connection with the spin-off by IAC/InterActiveCorp ("IAC") of Expedia, Inc. ("Expedia"), which was completed on August 9, 2005 (the "Spin-Off"). The Spin-Off, which was immediately preceded by a one-for-two reverse stock split (the "Reverse Stock Split"), was effected by way of a reclassification, pursuant to which each share of Old IAC Common Stock was reclassified into one share of New IAC Common Stock and 1/100 of a share of IAC Series 1 Mandatory Exchangeable Preferred Stock, which was automatically exchanged into one share of Expedia Common Stock.
[F2]Represents share units accrued pursuant to the Non-Employee Director Deferred Compensation Plan as of September 30, 2005.
[F3]In connection with the Spin-Off, each of the reporting person's vested options to purchase shares of Old IAC Common Stock converted into one vested option to purchase shares of New IAC Common Stock and one vested option to purchase shares of Expedia Common Stock, with adjustments to the number of shares subject to each vested option and the option exercise prices based on the relative market capitalizations of IAC and Expedia after giving effect to the Spin-Off and Reverse Stock Split.
[F4]Other than the adjustments described in footnote 3 above, vested options to purchase New IAC Common Stock received in connection with the Spin-Off have the same terms and conditions, including the same exercise periods, as the vested options to purchase Old IAC Common Stock had immediately prior to the Spin-Off and Reverse Stock Split.
[F5]In connection with the Spin-Off, all of the reporting person's restricted stock units, which represented the right to receive shares of Old IAC Common Stock ("Old IAC RSUs"), converted into restricted stock units representing the right to receive shares of New IAC Common Stock, with adjustments to the number of shares underlying each restricted stock unit based on the market capitalization of IAC after giving effect to the Spin-Off and Reverse Stock Split ("New IAC RSUs").
[F6]New IAC RSUs received in connection with the Spin-Off have the same terms and conditions, including the same vesting periods, as Old IAC RSUs had immediately prior to the Spin-Off and Reverse Stock Split.
[F7]The terms of the initial grant provide for vesting in equal installments over three years on the anniversary of the grant date, May 29, 2003.
[F8]The terms of the initial grant provide for vesting in equal installments over three years on the anniversary of the grant date, June 23, 2004.
[F9]The terms of the initial grant provide for vesting in equal installments over three years on the anniversary of the grant date, July 19, 2005.

Documents

1 file

4
edgar.xmlPrimary
FORM 4 -

Issuer

IAC/INTERACTIVECORP

CIK 0000891103

→

Entity typeoperating

IncorporatedDE

Related Parties

filerCIK 0000891103

Filing Metadata

Form type: 4
Filed: Oct 3, 8:00 PM ET
Accepted: Oct 4, 6:24 PM ET
Size: 24.4 KB

View on SEC.gov