SEC Form 4 · accession 0001179110-15-003691
Match Group, Inc. · MTCH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael H Schwerdtman
Officer — SVP & Controller
Period of report
Feb 25, 2015
Accepted (ET)
Feb 27, 2015 · 4:54 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000891103
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 25, 2015 | M | 12,500 | $30.90 | A | 13,165 | D | |
| Common Stock, par value $0.001F2 | Feb 25, 2015 | S | 12,500 | $67.38 | D | 665 | D | |
| Common Stock, par value $0.001F1 | Feb 25, 2015 | M | 15,000 | $45.78 | A | 15,665 | D | |
| Common Stock, par value $0.001 | Feb 25, 2015 | S | 15,000 | $67.29 | D | 665 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options to Purchase Common StockF3 | $30.90 | Feb 25, 2015 | M | 12,500 | D | Feb 15, 2012 | Mar 30, 2021 | Common Stock, par value $0.001 | 12,500 | 0 | D |
| Options to Purchase Common StockF4 | $45.78 | Feb 25, 2015 | M | 15,000 | D | Feb 2, 2014 | Feb 2, 2022 | Common Stock, par value $0.001 | 15,000 | 15,000 | D |
Explanation of responses
- F1Represents shares of IAC common stock acquired upon the exercise of stock options (see footnotes 3 and 4 below).
- F2The price reflects the weighted average of sales made at prices ranging from $67.30 to $67.46. The reporting person agrees to provide upon request by the Staff of the Securities and Exchange Commission, IAC/InterActiveCorp or any security holder of IAC/InterActiveCorp, information regarding the number of shares sold at each separate price.
- F3Represents stock options that vested over four years on the anniversary of February 15, 2011.
- F4Represents stock options that vested/vest 50% on the second anniversary of the grant date (February 2, 2012) and 25% on each of the third and fourth anniversaries of the grant date.