0001209191-20-040772.txt : 20200702 0001209191-20-040772.hdr.sgml : 20200702 20200702203901 ACCESSION NUMBER: 0001209191-20-040772 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200630 FILED AS OF DATE: 20200702 DATE AS OF CHANGE: 20200702 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Stein Mark J CENTRAL INDEX KEY: 0001295515 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34148 FILM NUMBER: 201011850 MAIL ADDRESS: STREET 1: ONE BRIDGE STREET STREET 2: SUITE 42 CITY: IRVINGTON STATE: NY ZIP: 10069 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Match Group, Inc. CENTRAL INDEX KEY: 0000891103 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-RETAIL STORES, NEC [5990] IRS NUMBER: 592712887 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 8750 NORTH CENTRAL EXPRESSWAY STREET 2: SUITE 1400 CITY: DALLAS STATE: TX ZIP: 75231 BUSINESS PHONE: 2145769352 MAIL ADDRESS: STREET 1: 8750 NORTH CENTRAL EXPRESSWAY STREET 2: SUITE 1400 CITY: DALLAS STATE: TX ZIP: 75231 FORMER COMPANY: FORMER CONFORMED NAME: IAC/INTERACTIVECORP DATE OF NAME CHANGE: 20040712 FORMER COMPANY: FORMER CONFORMED NAME: INTERACTIVECORP DATE OF NAME CHANGE: 20030623 FORMER COMPANY: FORMER CONFORMED NAME: USA INTERACTIVE DATE OF NAME CHANGE: 20020508 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2020-06-30 1 0000891103 Match Group, Inc. MTCH 0001295515 Stein Mark J C/O IAC/INTERACTIVECORP 555 WEST 18TH STREET NEW YORK NY 10011 0 1 0 0 EVP & CSO Common Stock, par value $0.001 2020-06-30 4 D 0 68656 0.00 D 0 D Common Stock, par value $0.001 2020-06-30 4 A 0 148187 0.00 A 148187 D Common Stock, par value $0.001 2020-06-30 4 A 0 25842 0.00 A 174029 D Restricted Stock Units 2020-06-30 4 D 0 8988 0.00 D 2019-02-13 2024-02-12 Common Stock, par value $0.001 8988 0 D Options to Purchase Common Stock, par value $0.001 70.88 2020-06-30 4 D 0 100000 0.00 D 2016-09-17 2025-09-17 Common Stock, par value $0.001 100000 0 D Options to Purchase Common Stock, par value $0.001 22.805 2020-06-30 4 A 0 215840 0.00 A 2016-09-17 2025-09-17 Common Stock, par value $0.001 215840 215840 D Options to Purchase Common Stock, par value $0.001 70.88 2020-06-30 4 D 0 100000 0.00 D 2016-09-17 2025-09-17 Common Stock, par value $0.001 100000 0 D Options to Purchase Common Stock, par value $0.001 22.805 2020-06-30 4 A 0 215840 0.00 A 2016-09-17 2025-09-17 Common Stock, par value $0.001 215840 215840 D Options to Purchase Common Stock, par value $0.001 40.37 2020-06-30 4 D 0 150000 0.00 D 2017-02-10 2026-02-10 Common Stock, par value $0.001 150000 0 D Options to Purchase Common Stock, par value $0.001 12.9887 2020-06-30 4 A 0 323760 0.00 A 2017-02-10 2026-02-10 Common Stock, par value $0.001 323760 323760 D Options to Purchase Common Stock, par value $0.001 76.00 2020-06-30 4 D 0 150000 0.00 D 2018-02-14 2027-02-14 Common Stock, par value $0.001 150000 0 D Options to Purchase Common Stock, par value $0.001 24.4523 2020-06-30 4 A 0 323760 0.00 A 2018-02-14 2027-02-14 Common Stock, par value $0.001 323760 323760 D Pursuant to the terms of the transaction agreement, dated as of December 19, 2019 (as amended, the "Transaction Agreement"), by and among the Issuer, Match Group, Inc., IAC Holdings, Inc. ("New IAC"), a direct wholly owned subsidiary of the Issuer, and Valentine Merger Sub LLC, an indirect wholly owned subsidiary of the Issuer, the shares of common stock automatically converted into (i) shares of the Issuer's Class M common stock (which was subsequently renamed Match Group, Inc. common stock) based on the Reclassification Exchange Ratio (as calculated pursuant to the Transaction Agreement) and (ii) shares of New IAC common stock, on a one-for-one basis. Pursuant to the terms of the Transaction Agreement, shares of pre-separation Match Group, Inc. automatically converted into (i) 1 share of the Issuer's Class M common stock (which was subsequently renamed Match Group, Inc. common stock) and (ii) at the holder's election, either (a) $3.00 per share in cash or (b) 0.0337 of a share of the Issuer's Class M common stock (which was subsequently renamed Match Group, Inc. common stock). Restricted stock units convert into common stock on a one-for-one basis. Pursuant to the terms of the Transaction Agreement, the restricted stock units automatically converted into restricted stock units of New IAC corresponding to shares of New IAC's common stock, on a basis that preserves the fair market value of such awards immediately before and immediately after the conversion. Pursuant to the terms of the Transaction Agreement, each option automatically converted into (i) an option to purchase shares of common stock of New IAC and (ii) an option to purchase shares of the Issuer's Class M common stock (which was subsequently renamed Match Group, Inc. common stock), each in a manner that preserved the spread value of the options immediately before and immediately after the adjustment, with the allocation between the two options based on the value of a share of New IAC common stock relative to the value of a share of the Issuer's common stock multiplied by the Reclassification Exchange Ratio (as calculated pursuant to the Transaction Agreement). Represents stock options that vested/vest in 4 equal installments on September 17, 2016, 2017, 2018 and 2019, subject to continued service. Represents stock options that vested/vest in 4 equal installments on February 10, 2017, 2018, 2019 and 2020, subject to continued service. Represents stock options that vested/vest in 4 equal installments on February 14, 2018, 2019, 2020 and 2021, subject to continued service. Tanya M. Stanich as Attorney-in-Fact for Mark Stein 2020-07-02