Form 4 for TREE LendingTree, Inc.
Accepted 2025-03-11 00:00:00 ET · period of report 2025-03-10 · accession 0001683168-25-001501 · 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 | 2025-03-11 | 2025-03-10 | TREE | Peyree Scott | COO | P - Purchase | $42.14 | +5,149 | 55.7K | +10% | +$217.0K |
| DM | 2025-03-11 | 2025-03-10 | TREE | Peyree Scott | COO | A - Grant | $0.00 | +52.5K | 22.5K | New | $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 | 2025-03-10 | P | A | 2,027 | $41.80 | 52,593 | D | — | — | (F1) The price reported in Column 4 is a weighted average price. The reported securities were purchased in multiple transactions at prices ranging from $41.46 to $42.46. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within such range. |
| 2 | Common | Common Stock | 2025-03-10 | P | A | 3,122 | $42.36 | 55,715 | D | — | — | (F2) The price reported in Column 4 is a weighted average price. The reported securities were purchased in multiple transactions at prices ranging from $42.48 to $43.04. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within such range. |
| 3 | Derivative | Performance Vested Restricted Stock Units | 2025-03-10 | A | A | 30,000 | $0.00 | 30,000 | D | — · — to — | 30,000 Common Stock | (F4) Restricted stock units convert into common stock on a one-for-one basis. (F8) (Continued from F7) of which 1/2 will vest upon the later to occur of either the achievement of the price hurdle or the one-year anniversary of the grant date, and the remaining 1/2 will vest upon the first anniversary of achievement of such price hurdle. The price hurdle shall be deemed "achieved" if during the performance period, there is a date on which (with respect to 90 trading days immediately preceding such date) the average closing stock price during such 90-trading-day period of the Company's common stock equaled the applicable price hurdle stock price. To the extent that any performance vested restricted stock units do not become vested by the fourth anniversary of the Award Date, any such unvested performance vested restricted stock units shall be immediately forfeited; provided, however, that the performance vested restricted stock units tied to achievement of price hurdle (1) shall be forfeited if they do not become vested by the third anniversary of the Award Date. (F6) Performance vested restricted stock units convert into common stock on a one-for-one basis. (F7) These performance vested restricted stock units shall vest upon the Company's achievement of specified price hurdles during the four-year period after the grant date, as follows: (1) at a price of $60.00, 1/3 of the performance vested restricted stock units, of which 1/2 will vest upon the later to occur of either the achievement of the price hurdle or the one-year anniversary of the grant date, and the remaining 1/2 will vest upon the first anniversary of achievement of such price hurdle; (2) at a price of $75.00, 1/3 of the performance vested restricted stock units, of which 1/2 will vest upon the later to occur of either the achievement of the price hurdle or the one-year anniversary of the grant date, and the remaining 1/2 will vest upon the first anniversary of achievement of such price hurdle; and (3) at a price of $90.00, 1/3 of the performance vested restricted stock units, |
| 4 | Derivative | Restricted Stock Units | 2025-03-10 | A | A | 22,500 | $0.00 | 22,500 | D | — · — to — | 22,500 Common Stock | (F4) Restricted stock units convert into common stock on a one-for-one basis. (F5) These restricted stock units will vest in three substantially equal annual installments beginning on March 10, 2026, in accordance with the terms of the original award agreement.. |