Kip Jeffrey W 4
4 · Angi Inc. · Filed Jun 2, 2025
Insider Transaction Report
Form 4
Angi Inc.ANGI
Transactions
- Award
Options to Purchase Class A Common Stock, par value $0.001
2025-05-29+500,000→ 500,000 totalExercise: $15.69Exp: 2035-05-29→ Class A Comon Stock, par value $0.001 (500,000 underlying)
Holdings
- 94,357
Class A Common Stock, par value $0.001
Footnotes (2)
- [F1]On March 31, 2025, the Reporting Person received 2,625 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]Represents a grant of options that vest in four equal installments over four years on the anniversary of the grant date, subject to continued service.