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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Class B Common Stock (2) | $ 0 (2) | 02/22/2016 | J(3) | 540,901 (3) | (2) | (2) | Common Stock, par value $0.001 | 540,901 | (4) | 0 (5) | D | ||||
Class B Common Stock (2) | $ 0 (2) | (2) | (2) | Common Stock, par value $0.001 | 5,248,598 | 5,248,598 (5) | I | Held through grantor retained annuity trusts |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
DILLER BARRY C/O IAC/INTERACTIVECORP 555 WEST 18TH STREET NEW YORK, NY 10011 |
X | Chairman & Senior Executive |
Barry Diller | 02/24/2016 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Reflects a contribution by Mr. Diller of 136,711 shares of IAC common stock to two grantor retained annuity trusts, which transfer is exempt from reporting pursuant to Rule 16a-13. |
(2) | Represents shares of IAC Class B common stock that are convertible at the option of the holder on a one-for-one basis into shares of IAC common stock at any time and do not have an expiration date. Each share of IAC Class B common stock is entitled to ten votes per share and each share of IAC common stock is entitled to one vote per share. |
(3) | Represents a transfer by Mr. Diller of shares of IAC Class B common stock to a trust for the benefit of certain of his family members in connection with the long-term estate planning of Mr. Diller and his family. |
(4) | In connection with the transfer referred to in footnote (3) above, the trust executed a promissory note payable to Mr. Diller in the aggregate amount of approximately $24.3 million. |
(5) | Reflects a contribution by Mr. Diller of shares of IAC Class B common stock to two grantor retained annuity trusts, which transfers are exempt from reporting pursuant to Rule 16a-13. |