Jeffrey W. Kip - Apr 5, 2024 Form 4 Insider Report for Angi Inc. (ANGI)

Role
CEO
Signature
Shannon M. Shaw as Attorney-in-Fact for Jeffrey W. Kip
Stock symbol
ANGI
Transactions as of
Apr 5, 2024
Transactions value $
$0
Form type
4
Date filed
4/11/2024, 05:45 PM
Previous filing
Feb 15, 2024

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 ANGI Restricted Stock Units Award $0 +2.8M $0.00 2.8M Apr 5, 2024 Class A Common Stock, par value $0.001 2.8M $0.00 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents performance-based restricted stock units ("PSUs") that will vest on the later of the first, second, third and fourth anniversaries of the vesting date and the date on or after such date on which the weighted average closing price of Angi Class A Common Stock for a period of thirty (30) consecutive trading days exceeds $4.50, $6.00, $7.50, and $10.00, respectively, assuming the Reporting Person's continued service through the applicable anniversary. The terms of the PSUs also provide for partial vesting (assuming the satisfaction of the stock price conditions within specified periods) upon certain terminations of employment and a change in control of Angi.

Remarks:

Exhibit 24 - Power of Attorney