Home/Filings/4/0001575189-17-000035
4//SEC Filing

Mateen Justin 4

Accession 0001575189-17-000035

CIK 0001575189other

Filed

Aug 6, 8:00 PM ET

Accepted

Aug 7, 6:00 PM ET

Size

27.8 KB

Accession

0001575189-17-000035

Insider Transaction Report

Form 4
Period: 2017-08-03
Mateen Justin
10% Owner
Transactions
  • Exercise of In-Money

    Common stock, par value $0.001

    2017-08-03$0.06/sh+0$0250 total(indirect: By Trust)
  • Exercise of In-Money

    Common stock, par value $0.001

    2017-08-03$0.27/sh+0$0250 total(indirect: By Trust)
  • Exercise of In-Money

    Common stock, par value $0.001

    2017-08-03$0.54/sh+0$0250 total(indirect: By Trust)
  • Exercise of In-Money

    Common stock, par value $0.001

    2017-08-03$0.80/sh+0$0250 total(indirect: By Trust)
  • Exercise of In-Money

    Common stock, par value $0.001

    2017-08-03$1.07/sh+0$0250 total(indirect: By Trust)
  • Exercise of In-Money

    Common stock, par value $0.001

    2017-08-03$1.58/sh+0$0250 total(indirect: By Trust)
  • Exercise of In-Money

    Stock Option (right to buy)

    2017-08-03476,1590 total
    Exercise: $0.06From: 2017-07-13Exp: 2017-08-12Common Stock (476,159 underlying)
  • Exercise of In-Money

    Stock Option (right to buy)

    2017-08-03101,6230 total
    Exercise: $0.27From: 2017-07-13Exp: 2017-08-12Common Stock (101,623 underlying)
  • Exercise of In-Money

    Stock Option (right to buy)

    2017-08-03101,6230 total
    Exercise: $0.54From: 2017-07-13Exp: 2017-08-12Common Stock (101,623 underlying)
  • Exercise of In-Money

    Stock Option (right to buy)

    2017-08-03101,6230 total
    Exercise: $0.80From: 2017-07-13Exp: 2017-08-12Common Stock (101,623 underlying)
  • Exercise of In-Money

    Stock Option (right to buy)

    2017-08-03101,6230 total
    Exercise: $1.07From: 2017-07-13Exp: 2017-08-12Common Stock (101,623 underlying)
  • Exercise of In-Money

    Stock Option (right to buy)

    2017-08-0358,719100,000 total
    Exercise: $1.58From: 2017-07-13Exp: 2017-08-12Common Stock (58,719 underlying)
Footnotes (3)
  • [F1]As disclosed in Table II, the Reporting Person exercised stock options in respect of shares of common stock, par value $0.001 per share, of the Issuer (the "Match Common Stock"). Such stock options, as reported in footnote 3, may be settled at the election of the Issuer in shares of Match Common Stock or (until such time as IAC/InterActiveCorp, a Delaware corporation ("IAC"), ceases to own shares representing a majority of the combined voting power of the Issuer's outstanding Match Common Stock, Class B Common Stock, par value $0.001 per share ("Class B Common Stock"), and Class C Common Stock, par value $0.001 per share ("Class C Common Stock")) shares of common stock, par value $0.001 per share, of IAC (the "IAC Common Stock"), if the Reporting Person elects to "net settle" such options by having shares withheld to cover the exercise price and any applicable withholding taxes. (continued in footnote 2)
  • [F2](continued from footnote 1) The Reporting Person elected "net settlement" with respect to the exercised stock options described in Table II, and the Issuer elected to effectuate such settlement in shares of IAC Common Stock. The Issuer initially issued 76,102 shares of IAC Common Stock to the Reporting Person after withholding shares in respect of the aggregate exercise price and applicable tax withholding, but corrected the net settlement to consist of 85,928 shares of IAC Common Stock. In addition, the Issuer paid the Reporting Person $92.76 in cash in lieu of issuing a fractional share. The foregoing settlement was based on the closing price of a share of IAC Common Stock on August 3, 2017, which was $111.59. The Reporting Person did not acquire any shares of Match Common Stock as a result of the exercise of stock options disclosed in Table II.
  • [F3]100% of the shares subject to the options were vested as of July 13, 2017. The options may be settled (i) at the election of the Issuer, in shares of Match Common Stock or (until such time as IAC ceases to own shares representing a majority of the combined voting power of the Issuer's outstanding Match Common Stock, Class B Common Stock, and Class C Common Stock) shares of IAC Common Stock, if the Reporting Person elects to "net settle" such options by having shares withheld to cover the exercise price and any applicable withholding taxes, or (ii) in shares of Match Common Stock, if the Reporting Person elects to pay the exercise price and any applicable withholding taxes in cash.

Issuer

Match Group, Inc.

CIK 0001575189

Entity typeother

Related Parties

1
  • filerCIK 0001712500

Filing Metadata

Form type
4
Filed
Aug 6, 8:00 PM ET
Accepted
Aug 7, 6:00 PM ET
Size
27.8 KB