SEC Form 4 · accession 0001179110-17-006399
Match Group, Inc. · MTCH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory R Blatt
Officer — Chairman & CEO · Director
Period of report
Apr 28, 2017
Accepted (ET)
May 2, 2017 · 5:03 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001575189
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.001 | Apr 28, 2017 | M | 925,280 | $4.11 | A | 925,280 | D | |
| Common Stock, par value $0.001 | Apr 28, 2017 | M | 4,124,950 | $11.06 | A | 5,050,230 | D | |
| Common Stock, par value $0.001 | Apr 28, 2017 | F | 3,991,121 | $18.63 | D | 1,059,109 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options to Purchase Common Stock, par value $0.001 | $4.11 | Apr 28, 2017 | M | 925,280 | D | Nov 18, 2015 | Feb 16, 2020 | Common Stock, par value $0.001 | 925,280 | 0 | D |
| Options to Purchase Common Stock, par value $0.001 | $11.06 | Apr 28, 2017 | M | 4,124,950 | D | Nov 18, 2015 | May 2, 2023 | Common Stock, par value $0.001 | 4,124,950 | 54,250 | D |
| Options to Purchase Common Stock, par value $0.001F2 | $13.97 | holding | — | — | — | Feb 11, 2017 | Feb 11, 2025 | Common Stock, par value $0.001 | 1,445,750 | 1,445,750 | D |
| Options to Purchase Common Stock, par value $0.001F3 | $13.97 | holding | — | — | — | Feb 11, 2017 | Feb 11, 2025 | Common Stock, par value $0.001 | 59,855 | 59,855 | D |
| Options to Purchase Common Stock, par value $0.001F4 | $12.00 | holding | — | — | — | Nov 18, 2016 | Nov 18, 2025 | Common Stock, par value $0.001 | 3,500,000 | 3,500,000 | D |
Explanation of responses
- F1Represents (i) 2,652,970 shares of Match Group Common Stock withheld to cover the payment of the exercise price and (ii) 1,338,151 shares of Match Group Common Stock withheld for payment of taxes due, in each case, in connection with the exercise of stock options.
- F2Represents 1,445,750 stock options held by the reporting person as of the date of this report, 963,833 of which are vested and 481,917 of which vest on February 11, 2018, subject to continued service.
- F3Represents 59,855 stock options held by the reporting person as of the date of this report, 39,903 of which are vested and 19,952 of which vest on February 11, 2018, subject to continued service.
- F4Represents 3,500,000 stock options held by the reporting person as of the date of this report, 875,000 of which are vested and the balance of which vest in three equal installments on November 18, 2017, 2018 and 2019, subject to continued service. The vesting of 1,750,000 of these stock options was also subject to satisfaction of a performance condition related to the price of Match Group Common Stock, which condition had been satisfied as of the date of this report.