Russakoff Andrew 4
4 · Angi Inc. · Filed May 16, 2025
Insider Transaction Report
Form 4
Angi Inc.ANGI
Transactions
- Award
Class A Common Stock, par value $0.001
2025-03-31+590→ 58,332 total - Award
Restricted Stock Units
2025-05-06+20,000→ 20,000 totalExercise: $0.00From: 2026-03-01Exp: 2027-03-01→ Class A Common Stock, par value $0.001 (20,000 underlying)
Footnotes (3)
- [F1]On March 31, 2025, the Reporting Person received 590 shares of ANGI Class A common stock in connection with the completion of the spin-off by IAC Inc. ("IAC") of ANGI by means of a special dividend (the "Distribution") of all of the shares of Class A Common Stock then held by IAC to holders of its common stock and Class B common stock (together, the "IAC Stock"). This special dividend was paid through the distribution of 42,080,232 shares of Class A Common Stock on March 31, 2025 to holders of record of IAC Stock as of the close of business on March 25, 2025 (the "Record Date"), on a pro rata basis. Holders of IAC Stock as of the Record Date received 0.5251 shares of Class A Common Stock for each share of IAC Stock then held. This transaction is exempt under Rule 16b-3.
- [F2]Effective on March 24, 2025, the Issuer effected a 1-for-10 reverse stock split of its common stock (the "Reverse Stock Split"). The amount of securities reported on this Form 4 have been adjusted to reflect the Reverse Stock Split.
- [F3]Represents restricted stock units that vest in two equal installments on each of March 1, 2026 and 2027, subject to continued service.