SEC Form 4 · accession 0001179110-18-013364
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 29, 2018
Accepted (ET)
Dec 3, 2018 · 4:26 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 29, 2018 | M | 29,436 | $2.66 | A | 29,436 | D | |
| Class A Common Stock, par value $0.001F2 | Nov 29, 2018 | D | 4,436 | $17.65 | D | 25,000 | D | |
| Class A Common Stock, par value $0.001F3 | Nov 29, 2018 | S | 25,000 | $17.65 | D | 0 | D | |
| Class A Common Stock, par value $0.001F1 | Nov 30, 2018 | M | 23,609 | $2.66 | A | 23,609 | D | |
| Class A Common Stock, par value $0.001F2 | Nov 30, 2018 | D | 3,609 | $17.43 | D | 20,000 | D | |
| Class A Common Stock, par value $0.001F4 | Nov 30, 2018 | S | 20,000 | $17.45 | 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 29, 2018 | M | 29,436 | D | Sep 29, 2017 | Feb 10, 2026 | Class A Common Stock, par value $0.001 | 29,436 | 1,112,224 | D |
| Stock Apprecation RightsF6 | $2.66 | Nov 30, 2018 | M | 23,609 | D | Sep 29, 2017 | Feb 10, 2026 | Class A Common Stock, par value $0.001 | 23,609 | 1,088,615 | 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 $17.60 to $17.74. 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 $17.40 to $17.45. 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 461,871 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.
- F6Represents 438,262 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.