Form 4 for EXPE Expedia Group
Accepted 2022-02-17 00:00:00 ET · period of report 2022-02-15 · accession 0001225208-22-002688 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-02-17 | 2022-02-15 | EXPE | Kern Peter M | CEO, Vice COB, Dir | M - OptEx | $0.00 | +20.6K | 20.6K | New | $0 |
| D | 2022-02-17 | 2022-02-15 | EXPE | Kern Peter M | CEO, Vice COB, Dir | F - Tax | $197.17 | -7,352 | 13.2K | -36% | -$1.45M |
| DM | 2022-02-17 | 2022-02-15 | EXPE | Kern Peter M | CEO, Vice COB, Dir | M - OptEx | $0.00 | -20.6K | 12.7K | -62% | $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 | Common Stock | 2022-02-15 | M | A | 19,013 | $0.00 | 19,013 | D | — | — | |
| 2 | Common | Common Stock | 2022-02-15 | M | A | 1,585 | $0.00 | 20,598 | D | — | — | |
| 3 | Common | Common Stock | 2022-02-15 | F | D | 7,352 | $197.17 | 13,246 | D | — | — | (F1) Represents shares of Expedia Group, Inc. Common Stock withheld for payment of taxes due in connection with the vesting of restricted stock units. |
| 4 | Derivative | Restricted Stock Units | 2022-02-15 | M | D | 1,585 | $0.00 | 12,674 | D | $0.00 · 2021-02-15 to 2024-02-15 | 1,585 Common Stock | (F4) Date at which first vesting occurs is indicated. One-fourth of the total number of restricted stock units vests on February 15, 2021 and an additional one-sixteenth on the fifteenth day of the second month in each quarter thereafter until fully vested. |
| 5 | Derivative | Performance Stock Units | 2022-02-15 | M | D | 19,013 | $0.00 | 12,675 | D | $0.00 · — to 2023-02-15 | 19,013 Common Stock | (F3) Vesting of one-half these performance stock units ("PSUs") is dependent on the compound annual growth rate ("CAGR") of Expedia Group's common stock through a performance period ending on December 31, 2021 ("Tranche 1"), and vesting of the remaining one-half is dependent on the CAGR of Expedia Group's common stock through a performance period ending on December 31, 2022 ("Tranche 2"). The "target" number of PSUs is reported in each case. Between 0% and 150% of the target number of PSUs may vest on February 15, 2022 (with respect to Tranche 1) and on February 15, 2023 (with respect to Tranche 2), in each case assuming continued employment through the applicable date and with the vesting percentage based on the applicable CAGR. |