Peter M. Kern - Feb 15, 2022 Form 4 Insider Report for Expedia Group, Inc. (EXPE)

Role
CEO and Vice Chairman, Director
Signature
/s/ Michael S. Marron, Attorney-in-fact
Stock symbol
EXPE
Transactions as of
Feb 15, 2022
Transactions value $
-$1,449,594
Form type
4
Date filed
2/17/2022, 07:34 PM
Previous filing
Nov 16, 2021
Next filing
Mar 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXPE Common Stock Options Exercise $0 +19K $0.00 19K Feb 15, 2022 Direct
transaction EXPE Common Stock Options Exercise $0 +1.59K +8.34% $0.00 20.6K Feb 15, 2022 Direct
transaction EXPE Common Stock Tax liability -$1.45M -7.35K -35.69% $197.17 13.2K Feb 15, 2022 Direct F1
holding EXPE Common Stock 125K Feb 15, 2022 By Revocable Living Trust F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction EXPE Performance Stock Units Options Exercise $0 -19K -60% $0.00 12.7K Feb 15, 2022 Common Stock 19K $0.00 Direct F3
transaction EXPE Restricted Stock Units Options Exercise $0 -1.59K -11.12% $0.00 12.7K Feb 15, 2022 Common Stock 1.59K $0.00 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Expedia Group, Inc. Common Stock withheld for payment of taxes due in connection with the vesting of restricted stock units.
F2 Represents directly owned shares of Expedia Group, Inc. Common Stock transferred to a Revocable Living Trust, of which the reporting person and is spouse are trustees and beneficiaries.
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.
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.