SEC Form 4 · accession 0001179110-19-002521
Angi Inc. · ANGI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William B. Ridenour
Officer — CEO · Director
Period of report
Feb 21, 2019
Accepted (ET)
Feb 25, 2019 · 5:09 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 | Feb 21, 2019 | M | 20,833 | $0.98 | A | 20,833 | D | |
| Class A Common Stock, par value $0.001F2 | Feb 21, 2019 | D | 1,244 | $16.42 | D | 19,589 | D | |
| Class A Common Stock, par value $0.001F3 | Feb 21, 2019 | F | 5,677 | $16.42 | D | 13,912 | D | |
| Class A Common Stock, par value $0.001F4,F5 | Feb 21, 2019 | S | 13,912 | $16.18 | 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 Apprecation RightsF6 | $0.98 | Feb 21, 2019 | M | 20,833 | D | Sep 29, 2017 | Feb 11, 2025 | Class A Common Stock, par value $0.001 | 20,833 | 3,695,467 | 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 6 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 6).
- F3Represent shares withheld to cover taxes due in connection with exercise of stock appreciation rights (see footnote 6).
- F4Reflects 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 1,000,000 stock appreciation rights during the period commencing on February 21, 2019 and ending on February 22, 2020.
- F5The price reflects the weighted average of sales made at prices ranging from $16.17 to $16.42. The reporting person agrees to provide upon request by the Staff of the Securities and Exchange Commission, ANGI Homeservices or any security holder of ANGI Homeservices, information regarding the number of shares sold at each separate price.
- F6Represents vested stock appreciation rights.