SEC Form 4 · accession 0001179110-19-000901
Angi Inc. · ANGI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Allison Lowrie
Officer — CMO
Period of report
Jan 23, 2019
Accepted (ET)
Jan 24, 2019 · 5:17 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 | Jan 23, 2019 | M | 14,516 | $0.98 | A | 14,516 | D | |
| Class A Common Stock, par value $0.001F2 | Jan 23, 2019 | D | 887 | $16.05 | D | 13,629 | D | |
| Class A Common Stock, par value $0.001F3,F4 | Jan 23, 2019 | S | 13,629 | $16.04 | 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 | $0.98 | Jan 23, 2019 | M | 14,516 | D | Sep 29, 2017 | Apr 30, 2020 | Class A Common Stock, par value $0.001 | 14,516 | 914,559 | 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 4 below).
- F2Represents shares of Class A Common Stock deemed to be simultaneously sold back to ANGI Homeservices in connection with the exercise of stock appreciation rights (see footnote 1).
- F3Reflects the sale of shares of Class A Common Stock effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person in December 2018 (the "Plan"). The Plan covers shares of Class A Common Stock to be acquired upon the exercise of 696,806 stock appreciation rights during the period commencing on January 22, 2019 and ending on January 16, 2020.
- F4The price reflects a weighted average sales price ranging from $15.86 to $16.16. 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 682,290 vested stock appreciation rights and 232,269 unvested stock appreciation rights that vest on February 11, 2019.