4//SEC Filing
Schiffman Glenn 4
Accession 0001705110-25-000085
CIK 0001705110other
Filed
Jun 19, 8:00 PM ET
Accepted
Jun 20, 4:11 PM ET
Size
7.6 KB
Accession
0001705110-25-000085
Insider Transaction Report
Form 4
Angi Inc.ANGI
Schiffman Glenn
Director
Transactions
- Award
Restricted Stock Units
2025-06-17+16,436→ 16,436 total→ Class A Common Stock, par value $0.001 (16,436 underlying)
Holdings
- 34,014
Class A Common Stock, par value $0.001
Footnotes (4)
- [F1]Effective on March 24, 2025, ANGI effected a 1-for-10 reverse stock split of its common stock (the "Reverse Stock Split"). The amount of securities reported on this Form 4 have been adjusted to reflect the Reverse Stock Split.
- [F2]On March 31, 2025, the Reporting Person received 32,156 shares of ANGI Class A common stock in connection with the completion of the spin-off by IAC Inc. ("IAC") of ANGI by means of a special dividend (the "Distribution") of all of the shares of Class A Common Stock then held by IAC to holders of its common stock and Class B common stock (together, the "IAC Stock"). This special dividend was paid through the distribution of 42,080,232 shares of Class A Common Stock on March 31, 2025 to holders of record of IAC Stock as of the close of business on March 25, 2025 (the "Record Date"), on a pro rata basis. Holders of IAC Stock as of the Record Date received 0.5251 shares of Class A Common Stock for each share of IAC Stock then held. This transaction is exempt under Rule 16a-9(a).
- [F3]Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A Common Stock.
- [F4]Represents RSUs that vest in equal installments over three years on the anniversary of the grant date (June 17, 2025), subject to continued service. Pursuant to the reporting person's deferral election, any vested RSUs will be settled in a lump sum following termination of service.
Documents
Issuer
Angi Inc.
CIK 0001705110
Entity typeother
Related Parties
1- filerCIK 0001670982
Filing Metadata
- Form type
- 4
- Filed
- Jun 19, 8:00 PM ET
- Accepted
- Jun 20, 4:11 PM ET
- Size
- 7.6 KB