0001683168-24-003711.txt : 20240520
0001683168-24-003711.hdr.sgml : 20240520
20240520192205
ACCESSION NUMBER: 0001683168-24-003711
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240516
FILED AS OF DATE: 20240520
DATE AS OF CHANGE: 20240520
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: LEBDA DOUGLAS R
CENTRAL INDEX KEY: 0001107090
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34063
FILM NUMBER: 24966493
MAIL ADDRESS:
STREET 1: 6701 CARMEL RD
STREET 2: SUITE 205
CITY: CHARLOTTE
STATE: NC
ZIP: 28226
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: LendingTree, Inc.
CENTRAL INDEX KEY: 0001434621
STANDARD INDUSTRIAL CLASSIFICATION: LOAN BROKERS [6163]
ORGANIZATION NAME: 02 Finance
IRS NUMBER: 262414818
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1415 VANTAGE PARK DRIVE, SUITE 700
CITY: CHARLOTTE
STATE: NC
ZIP: 28203
BUSINESS PHONE: 704-541-5351
MAIL ADDRESS:
STREET 1: 1415 VANTAGE PARK DRIVE, SUITE 700
CITY: CHARLOTTE
STATE: NC
ZIP: 28203
FORMER COMPANY:
FORMER CONFORMED NAME: Tree.com, Inc.
DATE OF NAME CHANGE: 20080507
4
1
ownership.xml
X0508
4
2024-05-16
0
0001434621
LendingTree, Inc.
TREE
0001107090
LEBDA DOUGLAS R
1415 VANTAGE PARK DR., SUITE 700
CHARLOTTE
NC
28203
1
1
1
0
Chairman & CEO
0
Common Stock
2024-05-16
4
M
0
7500
A
60039
D
Common Stock
2024-05-16
4
F
0
3254
46.01
D
56785
D
Common Stock
4130
I
By Spouse
Common Stock
433159
I
Through 2022 Lebda Family Holdings, LLC
Common Stock
1325000
I
Through Lebda Family Holdings, LLC
Common Stock
12524
I
Through Lebda Family Holdings II, LLC
Common Stock
300000
I
Through 2021 Lebda Family Holdings LLC
Performance Vested Restricted Stock Units
2024-05-16
4
M
0
7500
D
Common Stock
7500
37500
D
Performance vested restricted stock units convert into common stock on a one-for-one basis.
The reporting person disclaims beneficial ownership of the shares, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the shares for purposes of Section 16 or any other purpose.
The reporting person disclaims beneficial ownership of the shares to the extent in which he does not have a pecuniary interest, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such shares for purposes of Section 16 or for any other purpose.
These performance vested restricted stock units shall vest upon the Company's achievement of specified price hurdles during the four-year period after the grant date, as follows: (1) at a price of $41.17, 1/3 of the performance vested restricted stock units, of which 1/2 will vest upon the achievement of the price hurdle, and the remaining 1/2 will vest upon the first anniversary of achievement of such price hurdle; (2) at a price of $52.94, 1/3 of the performance vested restricted stock units, of which 1/2 will vest upon the achievement of the price hurdle, and the remaining 1/2 will vest upon the first anniversary of achievement of such price hurdle; and (3) at a price of $64.70, 1/3 of the performance vested restricted stock units, of which 1/2 will vest upon the achievement of the price hurdle, and the remaining 1/2 will vest upon the first anniversary of achievement of such price hurdle.
(Continued from F4) The price hurdle shall be deemed "achieved" if during the performance period, there is a date on which (with respect to 45 trading days immediately preceding such date) the average closing stock price during such 45-trading-day period of the Company's common stock equaled the applicable price hurdle stock price. To the extent that any Performance Vested RSUs do not become vested by the fourth anniversary of the Award Date, any such unvested performance vested restricted stock units shall be immediately forfeited.
/s/ Heather Novitsky as Attorney-in-Fact for Douglas R. Lebda
2024-05-20