09/23/2026 | Press release | Distributed by Public on 09/23/2026 16:34
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FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 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) | ||
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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 | ||||||||
| Restricted Stock Units | (1) | 09/22/2026 | A | 1,000,000 | (2) | (2) | Class A Common Stock, par value $0.001 | 1,000,000 | $ 0 | 1,000,000 | D | ||||
| Restricted Stock Units | (1) | 09/22/2026 | A | 1,000,000 | (3)(4) | (3)(4) | Class A Common Stock, par value $0.001 | 1,000,000 | $ 0 | 1,000,000 | D | ||||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
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Steib Michael F C/O ANGI INC. 3601 WALNUT STREET, SUITE 700 DENVER, CO 80205 |
X | Chief Executive Officer | ||
| /s/ Shannon M. Shaw as Attorney-in-Fact for Michael Steib | 09/23/2026 | |
| **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) | Restricted stock units convert into Class A Common Stock on a one-for-one basis. |
| (2) | The restricted stock units vest in four equal annual installments beginning on the first anniversary of the grant date (September 22, 2026), subject to continued employment through each vesting date. |
| (3) | Represents performance-based restricted stock units ("PSUs") that will vest as set forth in footnote (4), subject to continued employment through the applicable vesting date. |
| (4) | (i) 300,000 PSUs on the later of the first anniversary of September 22, 2026 (the "Effective Date") and achievement of a volume-weighted average closing price ("Closing Price") of at least $10.00 for 30 consecutive trading days on or after such date, (ii) 300,000 PSUs on the later of the second anniversary of the Effective Date and achievement of a Closing Price of at least $12.00 for 30 consecutive trading days on or after such date, (iii) 300,000 PSUs on the later of the third anniversary of the Effective Date and achievement of a Closing Price of at least $14.00 for 30 consecutive trading days on or after such date, and (iv) 100,000 PSUs on the later of the fourth anniversary of the Effective Date and achievement of a Closing Price of at least $20.00 for 30 consecutive trading days on or after such date; provided that any PSUs that remain outstanding and unvested on the sixth anniversary of the Effective Date will be forfeited and canceled. |