0001104659-21-073394.txt : 20210527
0001104659-21-073394.hdr.sgml : 20210527
20210527174628
ACCESSION NUMBER: 0001104659-21-073394
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210525
FILED AS OF DATE: 20210527
DATE AS OF CHANGE: 20210527
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Schiffman Glenn
CENTRAL INDEX KEY: 0001670982
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40420
FILM NUMBER: 21974634
MAIL ADDRESS:
STREET 1: 555 WEST 18TH STREET
CITY: NEW YORK
STATE: NY
ZIP: 10011
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Vimeo, Inc.
CENTRAL INDEX KEY: 0001837686
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370]
IRS NUMBER: 854334195
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 555 WEST 18TH STREET
CITY: NEW YORK
STATE: NY
ZIP: 10011
BUSINESS PHONE: (212) 314-7300
MAIL ADDRESS:
STREET 1: 555 WEST 18TH STREET
CITY: NEW YORK
STATE: NY
ZIP: 10011
FORMER COMPANY:
FORMER CONFORMED NAME: Vimeo Holdings, Inc.
DATE OF NAME CHANGE: 20201222
4
1
tm2117729-23_4seq1.xml
OWNERSHIP DOCUMENT
X0306
4
2021-05-25
0
0001837686
Vimeo, Inc.
VMEO
0001670982
Schiffman Glenn
C/O VIMEO, INC.
555 WEST 18TH STREET
NEW YORK
NY
10011
1
0
0
0
Common Stock
2021-05-25
4
A
0
56186
0.00
A
56186
D
Option to Purchase Common Stock
2.8838
2021-05-25
4
A
0
245148
0
A
2021-05-25
2026-04-07
Common Stock, par value $0.01
245148
245148
D
Option to Purchase Common Stock
4.7874
2021-05-25
4
A
0
243525
0
A
2021-05-25
2027-02-14
Common Stock, par value $0.01
243525
243525
D
Option to Purchase Common Stock
9.6081
2021-05-25
4
A
0
64940
0
A
2021-05-25
2028-03-02
Common Stock, par value $0.01
64940
64940
D
Option to Purchase Common Stock
9.6081
2021-05-25
4
A
0
64940
0
A
2021-05-25
2028-03-02
Common Stock, par value $0.01
64940
64940
D
Represents shares of Issuer common stock that Mr. Schiffman received in connection with the completion of the Issuer's spin-off (the "Spin-off") from IAC/InterActiveCorp ("IAC") on May 25, 2021, as a result of shares of IAC common stock held by Mr. Schiffman prior to the Spin-off. In connection with the Spin-off, each share of IAC par value $0.001 common stock was reclassified into (i) one share of IAC par value $0.0001 common stock and (ii) 1/100th of a share of IAC par value $0.01 Series 1 mandatorily exchangeable preferred stock that was then automatically exchanged into 1.6235 shares of Issuer common stock (with holders receiving cash in lieu of any fractional shares of Issuer common stock resulting, after aggregation, from the reclassification).
Pursuant to the terms of the Employee Matters Agreement, dated as of May 25, 2021 (the "EMA"), by and among the Issuer and IAC, and in connection with the Spin-off, each option to purchase shares of IAC common stock that was outstanding as of immediately prior to the effective time of the Spin-off was automatically converted into (i) an option to purchase shares of common stock of IAC and (ii) an option to purchase shares of the Issuer's common stock, with adjustments to the number of shares subject to each option and the option exercise prices based on (x) the value of IAC common stock prior to the Spin-off and (y) the value of IAC common stock and the value of the Issuer's common stock after giving effect to the Spin-off.
Except as otherwise described herein and except to the extent otherwise provided under local law, the converted options generally have the same terms and conditions, including the same exercise periods, as the options to purchase shares of IAC common stock had immediately prior to the Spin-off. Following the Spin-off, solely for purposes of determining the expiration of options with respect to shares of common stock of one company held by employees of the other company, IAC and Issuer employees will be deemed employed by both companies for so long as they continue to be employed by whichever of the companies employed them immediately following the Spin-off.
/s/ Jessica Tracy, Attorney-in-Fact for Glenn H. Schiffman
2021-05-27