SEC Form 4 · accession 0001179110-18-013229
Angi Inc. · ANGI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Craig M. Smith
Officer — President & COO · Director
Period of report
Nov 21, 2018
Accepted (ET)
Nov 26, 2018 · 6:31 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001705110
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock, par value $0.001F1 | Nov 21, 2018 | M | 29,314 | $2.66 | A | 29,314 | D | |
| Class A Common Stock, par value $0.001F2 | Nov 21, 2018 | D | 4,314 | $18.08 | D | 25,000 | D | |
| Class A Common Stock, par value $0.001F1 | Nov 21, 2018 | M | 9,865 | $2.66 | A | 34,865 | D | |
| Common Stock, par value $0.001F2 | Nov 21, 2018 | D | 1,438 | $18.26 | D | 33,427 | D | |
| Class A Common Stock, par value $0.001F3 | Nov 21, 2018 | S | 25,000 | $18.08 | D | 8,427 | D | |
| Class A Common Stock, par value $0.001F4 | Nov 21, 2018 | S | 8,427 | $18.26 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightsF5 | $2.66 | Nov 21, 2018 | M | 39,179 | D | Sep 29, 2017 | Feb 10, 2026 | Class A Common Stock, par value $0.001 | 39,179 | 1,141,660 | D |
Explanation of responses
- F1Represents shares of Class A Common Stock acquired/deemed to be acquired in connection with the exercise of stock appreciation rights (see footnote 5 below).
- F2Represents shares of Class A Common Stock deemed to be simultaneously sold back to ANGI in connection with the exercise of stock appreciation rights (see footnote 1).
- F3The price reflects a weighted average sales price ranging from $18.00 to $18.20. The reporting person agrees to provide, upon request by the Staff of the Securities and Exchange Commission, ANGI Homeservices or a security holder of ANGI Homeservices, information regarding the number of shares sold at each separate price.
- F4The price reflects a weighted average sales price ranging from $18.25 to $18.35. The reporting person agrees to provide, upon request by the Staff of the Securities and Exchange Commission, ANGI Homeservices or a security holder of ANGI Homeservices, information regarding the number of shares sold at each separate price.
- F5Represents 491,307 vested stock appreciation rights and 650,353 unvested stock appreciation rights that vest in two equal installments on each of February 11, 2019 and 2020, subject to continued service.