Form 4 for ANGI Angi Inc.
Accepted 2025-04-01 00:00:00 ET · period of report 2025-03-31 · accession 0001104659-25-030599 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-04-01 | 2025-03-31 | ANGI | IAC Inc. | 10% | M - OptEx | $0.00 | +41.70M | 42.08M | +10,998% | $0 |
| D | 2025-04-01 | 2025-03-31 | ANGI | IAC Inc. | 10% | D - Sale to Iss | $0.00 | -42.08M | 0 | -100% | $0 |
| D | 2025-04-01 | 2025-03-31 | ANGI | IAC Inc. | 10% | M - OptEx | $0.00 | -41.70M | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock, par value $0.001 | 2025-03-31 | M | A | 41,701,064 | $0.00 | 42,080,232 | D | — | — | (F1) Represents shares of Class A common stock, par value $0.001 ("Class A Common Stock"), of Angi Inc. ("Angi") that were acquired by the reporting person upon the conversion of shares of Class B common stock, par value $0.001, of Angi ("Class B Common Stock") on a one-for-one basis pursuant to the terms of the Class B Common Stock (see footnote 3 below). |
| 2 | Common | Class A Common Stock, par value $0.001 | 2025-03-31 | D | D | 42,080,232 | $0.00 | 0 | D | — | — | (F2) On March 31, 2025, IAC Inc. ("IAC") completed the spin-off 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 shares of IAC Stock then held. Holders of IAC Stock did not receive fractional shares of Class A Common Stock in connection with the Distribution. Instead, holders of IAC Stock received (if applicable) a cash payment in lieu of any fractional shares of Class A Common Stock that they otherwise would have received in connection with the Distribution. |
| 3 | Derivative | Class B Common Stock, par value $0.001 | 2025-03-31 | M | D | 41,701,064 | $0.00 | 0 | D | $0.00 · 2025-03-31 to — | 41,701,064 Class A Common Stock, par value $0.001 | (F3) On March 31, 2025, IAC converted 41,701,064 shares of Class B Common Stock, which constituted all of the outstanding shares of Class B Common Stock, into shares of Class A Common Stock on a one-for-one basis pursuant to the terms of the Class B Common Stock. |