Form 4 for EXPE Expedia Group
Accepted 2022-02-17 00:00:00 ET · period of report 2022-02-15 · accession 0001225208-22-002692 · 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 | 2022-02-17 | 2022-02-15 | EXPE | Hart Eric M. | CFO | S - Sale+OE | $209.50 | -10.3K | 24.7K | -29% | -$2.15M |
| D | 2022-02-17 | 2022-02-15 | EXPE | Hart Eric M. | CFO | F - Tax | $197.17 | -6,260 | 35.0K | -15% | -$1.23M |
| DM | 2022-02-17 | 2022-02-15 | EXPE | Hart Eric M. | CFO | M - OptEx | $0.00 | +17.8K | 33.0K | +117% | $0 |
| DM | 2022-02-17 | 2022-02-15 | EXPE | Hart Eric M. | CFO | M - OptEx | $0.00 | -17.8K | 13.0K | -58% | $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 | S | D | 10,280 | $209.50 | 24,744 | D | — | — | |
| 2 | Common | Common Stock | 2022-02-15 | F | D | 6,260 | $197.17 | 35,024 | 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. |
| 3 | Common | Common Stock | 2022-02-15 | M | A | 254 | $0.00 | 41,284 | D | — | — | |
| 4 | Common | Common Stock | 2022-02-15 | M | A | 792 | $0.00 | 40,554 | D | — | — | |
| 5 | Common | Common Stock | 2022-02-15 | M | A | 476 | $0.00 | 41,030 | D | — | — | |
| 6 | Common | Common Stock | 2022-02-15 | M | A | 1,082 | $0.00 | 39,762 | D | — | — | |
| 7 | Common | Common Stock | 2022-02-15 | M | A | 5,703 | $0.00 | 38,680 | D | — | — | |
| 8 | Common | Common Stock | 2022-02-15 | M | A | 9,506 | $0.00 | 32,977 | D | — | — | |
| 9 | Derivative | Restricted Stock Units | 2022-02-15 | M | D | 792 | $0.00 | 6,337 | D | $0.00 · 2021-02-15 to 2024-02-15 | 792 Common Stock | (F6) 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. |
| 10 | Derivative | Restricted Stock Units | 2022-02-15 | M | D | 254 | $0.00 | 1,015 | D | $0.00 · 2020-02-15 to 2023-02-15 | 254 Common Stock | (F5) Date at which first vesting occurs is indicated. One-fourth of the total number of restricted stock units vests on February 15, 2020 and an additional one-sixteenth on the fifteenth day of the second month in each quarter thereafter until fully vested. |
| 11 | Derivative | Restricted Stock Units | 2022-02-15 | M | D | 476 | $0.00 | 3,802 | D | $0.00 · — to 2024-02-15 | 476 Common Stock | (F4) 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. |
| 12 | Derivative | Performance Stock Units | 2022-02-15 | M | D | 9,506 | $0.00 | 6,338 | D | $0.00 · — to 2023-02-15 | 9,506 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 50% 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. |
| 13 | Derivative | Performance Stock Units | 2022-02-15 | M | D | 5,703 | $0.00 | 3,802 | D | $0.00 · — to — | 5,703 Common Stock | (F2) An award of 7,604 performance stock units ("PSUs"), with ultimate settlement based on the compound annual stock price growth rate ("CAGR") using the closing price of the Company's common stock on February 28, 2020 and an ending price based on a 30-day trailing average through December 31, 2021 for 50% of the PSUs vesting on February 15, 2022 and through December 31, 2022 for the remaining 50% of the PSUs vesting on February 15, 2023. The applicable CAGR and payout percentages for Mr. Hart's PSU award are as disclosed in the section titled Compensation Discussion and Analysis -Equity Compensation of the Company's definitive proxy statement filed with the Securities and Exchange Commission on May 7, 2020. |
| 14 | Derivative | Restricted Stock Units | 2022-02-15 | M | D | 1,082 | $0.00 | 12,991 | D | $0.00 · 2021-05-15 to 2025-02-15 | 1,082 Common Stock | (F7) Date at which first vesting occurs is indicated. One-sixteenth of the total number of restricted stock units vests on May 15, 2021 and an additional one-sixteenth on the fifteenth day of the second month in each quarter thereafter until fully vested. |