SEC Form 4 · accession 0001575189-19-000009
Match Group, Inc. · MTCH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sharmistha Dubey
Officer — President
Period of report
Feb 9, 2019
Accepted (ET)
Feb 12, 2019 · 8:43 pm EST
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 $0.001F1 | Feb 9, 2019 | M | 61,289 | — | A | 83,591 | D | |
| Common stock, par value $0.001 | Feb 9, 2019 | F | 21,516 | $56.61 | D | 62,075 | D | |
| Common stock, par value $0.001 | Feb 11, 2019 | M | 45,967 | $17.0366 | A | 108,042 | D | |
| Common stock, par value $0.001 | Feb 11, 2019 | F | 26,228 | $58.35 | D | 81,814 | D | |
| Common stock, par value $0.001 | Feb 11, 2019 | M | 102,718 | $14.6952 | A | 184,532 | D | |
| Common stock, par value $0.001 | Feb 11, 2019 | F | 53,589 | $58.33 | D | 130,943 | D | |
| Common stock, par value $0.001 | Feb 11, 2019 | M | 65,667 | $13.2295 | A | 196,610 | D | |
| Common stock, par value $0.001 | Feb 11, 2019 | F | 34,873 | $58.33 | D | 161,737 | D | |
| Common stock, par value $0.001F2 | Feb 11, 2019 | S | 114,916 | $57.6144 | D | 46,821 | D | |
| Common stock, par value $0.001F3 | Feb 11, 2019 | S | 7,048 | $58.064 | D | 39,773 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF4,F1,F5 | — | Feb 9, 2019 | M | 61,289 | D | Feb 9, 2018 | Feb 9, 2020 | Common stock, par value $0.001 | 61,289 | 61,291 | D |
| Options to Purchase Common Stock, par value $0.001F6,F7 | $17.0366 | Feb 11, 2019 | M | 45,967 | D | Feb 9, 2018 | Feb 9, 2027 | Common stock, par value $0.001 | 45,967 | 91,935 | D |
| Options to Purchase Common Stock, par value $0.001F6,F8 | $14.6952 | Feb 11, 2019 | M | 102,718 | D | Dec 31, 2016 | Sep 17, 2025 | Common stock, par value $0.001 | 102,718 | 102,535 | D |
| Options to Purchase Common Stock, par value $0.001F6,F9 | $13.2295 | Feb 11, 2019 | M | 65,667 | D | Dec 21, 2016 | Dec 21, 2025 | Common stock, par value $0.001 | 65,667 | 65,668 | D |
Explanation of responses
- F1Restricted stock units convert into common stock on a one-for-one basis.
- F2Reflects a weighted average of sales made at prices ranging from $57.02 to $58.00. The reporting person agrees to provide, upon request by the Staff of the Securities and Exchange Commission, Match Group, Inc. or a security holder of Match Group, Inc., information regarding the number of shares sold at each separate price.
- F3Reflects a weighted average of sales made at prices ranging from $58.02 to $58.145. The reporting person agrees to provide, upon request by the Staff of the Securities and Exchange Commission, Match Group, Inc. or a security holder of Match Group, Inc., information regarding the number of shares sold at each separate price.
- F4Reflects the adjustment of restricted stock units outstanding on December 4, 2018, by multiplying the number of restricted stock units by an adjustment factor of 1.05068, in connection with the special cash dividend paid by the Issuer on December 19, 2018. The adjustment was required under applicable plan documents.
- F5The restricted stock units vested/vest in three equal installments on February 9, 2018, 2019 and 2020, subject to continued service.
- F6Reflects the adjustment of options outstanding on December 4, 2018, by dividing the exercise price, and multiplying the number of options, by an adjustment factor of 1.05068 on December 4, 2018, in connection with the special cash dividend paid by the Issuer on December 19, 2018. The adjustment was required under applicable plan documents.
- F7The stock options vested/vest in four equal installments on February 9, 2018, 2019, 2020 and 2021, subject to continued service.
- F8The stock options vested/vest in four equal installments on December 31, 2016, 2017, 2018 and 2019, subject to continued service.
- F9The stock options vested/vest in four equal installments on December 21, 2016, 2017, 2018 and 2019, subject to continued service.