SEC Form 4 · accession 0001179110-17-002544
Match Group, Inc. · MTCH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph Levin
Officer — Chief Executive Officer · Director
Period of report
Feb 14, 2017
Accepted (ET)
Feb 16, 2017 · 5:37 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 14, 2017 | M | 33,333 | $0.00 | A | 57,822 | D | |
| Common Stock, par value $0.001F2 | Feb 14, 2017 | F | 18,616 | $76.82 | D | 39,206 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3 | $0.00 | Feb 14, 2017 | M | 33,333 | D | Feb 14, 2017 | Feb 10, 2019 | Common Stock, par value $0.001 | 33,333 | 66,667 | D |
| Options to Purchase Common StockF4 | $76.00 | Feb 14, 2017 | A | 300,000 | A | Feb 14, 2018 | Feb 14, 2027 | Common Stock, par value $0.001 | 300,000 | 300,000 | D |
Explanation of responses
- F1Represents shares of IAC common stock acquired upon the vesting of restricted stock units (see footnote 3 below).
- F2Represents shares of IAC common stock withheld to cover the payment of taxes due in connection with the vesting of restricted stock units (see footnote 3 below).
- F3Represents the first tranche of restricted stock units that vest in equal installments over three years, subject to continued service and the satisfaction of certain performance goals.
- F4Represents stock options that vest in equal installments (25%) over four years on the anniversary of the grant date, subject to continued service.