LEVIN JOSEPH 4
4 · IAC Inc. · Filed Feb 27, 2024
Insider Transaction Report
Form 4
IAC Inc.IAC
LEVIN JOSEPH
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Common Stock, par value $0.0001
2024-02-23$13.48/sh+100,000$1,348,000→ 3,387,614 total - Tax Payment
Common Stock, par value $0.0001
2024-02-23$56.69/sh−65,928$3,737,458→ 3,321,686 total - Exercise/Conversion
Options to Purchase Common Stock, par value $0.0001
2024-02-23−100,000→ 0 totalExercise: $13.48From: 2024-02-23Exp: 2024-08-01→ Common Stock, par value $0.0001 (100,000 underlying)
Footnotes (4)
- [F1]Represents shares of IAC common stock acquired upon the net exercise of stock options that were granted to the reporting person in August 2014 and were otherwise scheduled to expire in August 2024.
- [F2]Represents shares of IAC common stock withheld to cover exercise price and tax obligations in connection with the net exercise of stock options described in footnote 1 above.
- [F3]As a result of the transactions described in footnotes 1 and 2 above, the reporting person acquired and holds an additional 34,072 shares of IAC common stock. No shares of IAC common stock were sold in connection with these transactions.
- [F4]Represents vested stock options that were granted to the reporting person in August 2014 and were otherwise scheduled to expire in August 2024.