10-K/A 1 a2193785z10-ka.htm 10-K/A
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As filed with the Securities and Exchange Commission on July 24, 2009

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549



FORM 10-K/A

(Amendment No. 3)



ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the Fiscal Year Ended December 31, 2008



Commission File No. 0-20570

IAC/INTERACTIVECORP
(Exact name of registrant as specified in its charter)

Delaware
(State or other jurisdiction
of incorporation or organization)
  59-2712887
(I.R.S. Employer Identification No.)

555 West 18th Street, New York, New York
(Address of Registrant's principal executive offices)

 

10011
(Zip Code)

(212) 314-7300
(Registrant's telephone number, including area code)

Securities registered pursuant to Section 12(b) of the Act:

Title of each class    Name of exchange on which registered 
Common Stock, par value $0.001   The Nasdaq Stock Market LLC
(Nasdaq Select Global Market)

Securities registered pursuant to Section 12(g) of the Act:
None

         Indicate by check mark if the Registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ý    No o

         Indicate by check mark if the Registrant is not required to file reports pursuant to Section 13 or 15(d) of the Act. Yes o    No ý

         Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports) and (2) has been subject to such filing requirements for the past 90 days. Yes ý    No o

         Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§229.405 of this chapter) during the preceeding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes o    No o

         Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of the Registrant's knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. o

         Indicate by check mark whether the Registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of "large accelerated filer," "accelerated filer," and "smaller reporting company" in Rule 12b-2 of the Exchange Act.

Large accelerated filer ý   Accelerated filer o   Non-accelerated filer o
(Do not check if a smaller reporting company)
  Smaller reporting company o

         Indicate by check mark whether the Registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes o    No ý

         As of January 30, 2009, the following shares of the Registrant's Common Stock were outstanding:

 
   
 

Common Stock

    128,147,467  

Class B Common Stock

    12,799,999  
       
 

Total

    140,947,466  
       

         The aggregate market value of the voting common stock held by non-affiliates of the Registrant as of June 30, 2008 was $3,601,156,029. For the purpose of the foregoing calculation only, all directors and executive officers of the Registrant are assumed to be affiliates of the Registrant.


Documents Incorporated By Reference:

         Portions of the Registrant's proxy statement for its 2009 Annual Meeting of Stockholders are incorporated by reference into Part III herein.



EXPLANATORY NOTE

        The Registrant hereby amends and restates Note 16 "Reconciliation to U.S. GAAP" set forth in Exhibit 99.1, Financial Statements of Jupiter Shop Channel Co., Ltd. for the 15 month period ended March 31, 2009 and the years ended December 31, 2007 and 2006, contained in IAC/InterActiveCorp's Annual Report on Form 10-K for the year ended December 31, 2008, as amended by Amendment Nos. 1 and 2 thereto (the "Original Form 10-K"). This Amendment No. 3 on Form 10-K/A to the Original Form 10-K is being filed to reflect Note 16 on an audited basis as of and for the 15 month period ended March 31, 2009 and to amend the "Report of Independent Registered Public Accounting Firm" to address Note 16 which was previously unaudited.

        This Amendment No. 3 only reflects the changes discussed above. No other information included in the Original Form 10-K has been amended by this Form 10-K/A, whether to reflect any information or events subsequent to the filing of the Original Form 10-K or otherwise.

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PART IV

Item 15.    Exhibits and Financial Statement Schedules

(a)(3) Exhibits

        The documents set forth below, numbered in accordance with Item 601 of Regulation S-K, are filed or furnished herewith or incorporated herein by reference to the location indicated.

Exhibit No.
  Description   Location
2.1   Separation and Distribution Agreement, dated as of August 20, 2008, by and among IAC/InterActiveCorp, HSN, Inc., Interval Leisure Group, Inc., Ticketmaster and Tree.com, Inc.   Exhibit 10.1 to the Registrant's Current Report on Form 8-K, filed on August 22, 2008.

3.1

 

Restated Certificate of Incorporation of IAC/InterActiveCorp.

 

Exhibit 3.1 to the Registrant's Registration Statement on Form 8-A/A, filed on August 12, 2005.

3.2

 

Certificate of Amendment of the Restated Certificate of Incorporation of IAC/InterActiveCorp.

 

Exhibit 3.1 to the Registrant's Current Report on Form 8-K, filed on August 22, 2008.

3.3

 

Amended and Restated By-laws of IAC/InterActiveCorp.

 

Exhibit 3.1 to the Registrant's Current Report on Form 8-K, filed on July 2, 2008.

4.1

 

Indenture (relating to the 7% Senior Notes due 2013), dated as of December 16, 2002, among the Registrant, USANi LLC, as Guarantor, and The Bank of New York (successor in interest to JPMorgan Chase Bank), as Trustee.

 

Exhibit 4.1 to the Registrant's Registration Statement on Form S-4 (No. 333-102713), filed on January 24, 2003.

4.2

 

Form of 7% Senior Notes due 2013.

 

Exhibit B to Exhibit 4.1 to the Registrant's Registration Statement on Form S-4 (No. 333-102713), filed on January 24, 2003.

4.3

 

Supplemental Indenture, dated as of August 7, 2008, between IAC/InterActiveCorp (formerly known as USA Interactive), a Delaware corporation, and The Bank of New York Mellon (as successor to JPMorgan Chase Bank), as Trustee.

 

Exhibit 4.1 to the Registrant's Current Report on Form 8-K, filed on August 13, 2008.

4.4

 

In accordance with Item 601 (b) (4) (iii) (A) of Regulation S-K, certain instruments relating to long-term obligations of the Registrant have been omitted but will be furnished to the Commission upon request.

 

 

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Exhibit No.
  Description   Location
4.5   Equity Warrant Agreement, dated as of May 7, 2002, between the Registrant and The Bank of New York, as equity warrant agent.   Exhibit 4.1 to the Registrant's Current Report on Form 8-K, filed on May 17, 2002.

10.1  

 

Amended and Restated Governance Agreement, dated as of August 9, 2005, among the Registrant, Liberty Media Corporation and Barry Diller.

 

Exhibit 10.1 to the Registrant's Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2005.

10.2  

 

Amended and Restated Stockholders Agreement, dated as of August 9, 2005, between Liberty Media Corporation and Barry Diller.

 

Exhibit 10.2 to the Registrant's Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2005.

10.3  

 

Tax Sharing Agreement, dated as of August 20, 2008, by and among IAC/InterActiveCorp, Ticketmaster, Interval Leisure Group, Inc., HSN, Inc. and Tree.com, Inc.

 

Exhibit 10.2 to the Registrant's Current Report on Form 8-K, filed on August 22, 2008.

10.4  

 

Employee Matters Agreement, dated as of August 20, 2008, by and among IAC/InterActiveCorp, Ticketmaster, Interval Leisure Group, Inc., HSN, Inc. and Tree.com, Inc.

 

Exhibit 10.3 to the Registrant's Current Report on Form 8-K, filed on August 22, 2008.

10.5  

 

Transition Services Agreement, dated as of August 20, 2008, by and among IAC/InterActiveCorp, HSN, Inc., Interval Leisure Group, Inc., Ticketmaster and Tree.com, Inc.

 

Exhibit 10.4 to the Registrant's Current Report on Form 8-K, filed on August 22, 2008.

10.6  

 

IAC/InterActiveCorp 2008 Stock and Annual Incentive Plan.(1)

 

Incorporated by reference to Annex F to the Registrant's Definitive Proxy Statement, filed on July 10, 2008.

10.7  

 

Form of Terms and Conditions of Stock Options under the IAC/InterActiveCorp 2008 Stock and Annual Incentive Plan.(1)(2)

 

 

10.8  

 

Amended and Restated IAC/InterActiveCorp 2005 Stock and Annual Incentive Plan.(1)(2)

 

 

10.9  

 

Form of Terms and Conditions of Stock Options under the IAC/InterActiveCorp 2005 Stock and Annual Incentive Plan.(1)

 

Exhibit 10.1 to the Registrant's Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2008.(1)

10.10

 

Form of Terms and Conditions of Annual Vesting Awards under the IAC/InterActiveCorp 2005 Stock and Annual Incentive Plan.(1)

 

Exhibit 10.8 to the Registrant's Annual Report on Form 10-K for the fiscal year ended December 31, 2006.

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Exhibit No.
  Description   Location
10.11   Form of Restricted Stock Unit Agreement for the IAC/InterActiveCorp 2005 Stock and Annual Incentive Plan.(1)   Exhibit 10.7 to the Registrant's Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2005.

10.12

 

Amended and Restated IAC/InterActiveCorp 2000 Stock and Annual Incentive Plan.(1)(2)

 

 

10.13

 

HSN, Inc. 1997 Stock and Annual Incentive Plan.(1)

 

Appendix F to the Registrant's Definitive Proxy Statement, dated January 13, 1998.

10.14

 

Form of Restricted Stock Unit Agreement for the Amended and Restated IAC/InterActiveCorp 2000 Stock and Annual Incentive Plan and the HSN, Inc. 1997 Stock and Annual Incentive Plan.(1)

 

Exhibit 10.1 to the Registrant's Current Report on Form 8-K, dated February 16, 2005.

10.15

 

Silver King Communications, Inc. Directors' Stock Option Plan.(1)

 

Appendix H to the Registrant's Definitive Proxy Statement, dated November 20, 1996.

10.16

 

Summary of Non-Employee Director Compensation Arrangements.(1)

 

Exhibit 10.1 to the Registrant's Current Report on Form 8-K, dated May 23, 2006.

10.17

 

Amended and Restated 2000 IAC/InterActiveCorp Deferred Compensation Plan For Non-Employee Directors.(1)(2)

 

 

10.18

 

Amended and Restated 2007 IAC/InterActiveCorp Deferred Compensation Plan For Non-Employee Directors.(1)(2)

 

 

10.19

 

IAC/InterActiveCorp Executive Deferred Compensation Plan.(1)

 

Exhibit 10.8 to the Registrant's Annual Report on Form 10-K for the fiscal year ended December 31, 2004.

10.20

 

Stock Option Agreement between the Registrant and Barry Diller, dated as of June 7, 2005.(1)

 

Exhibit 10.8 to the Registrant's Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2005.

10.21

 

Agreement between Victor Kaufman and the Registrant, dated as of February 5, 2004.(1)

 

Exhibit 10.1 to the Registrant's Quarterly Report on Form 10-Q for the fiscal year ended March 31, 2004.

10.22

 

Amendment No. 1, dated as of June 6, 2005, to Agreement dated as of February 5, 2004, between Victor Kaufman and IAC/InterActiveCorp.(1)

 

Exhibit 10.9 to the Registrant's Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2005.

10.23

 

Amended and Restated Employment Agreement between Thomas J. McInerney and the Registrant, dated as of December 30, 2008.(1)(2)

 

 

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Exhibit No.
  Description   Location
10.24   Employment Agreement between Gregory R. Blatt and the Registrant, dated as of November 21, 2006.(1)   Exhibit 10.3 to the Registrant's Annual Report on Form 10-K for the fiscal year ended December 31, 2006.

10.25

 

Google Services Agreement, dated as of January 1, 2008, between IAC/InterActiveCorp and Google.(2)(3)

 

 

21.1  

 

Subsidiaries of IAC/InterActiveCorp as of December 31, 2008.(2)

 

 

23.1  

 

Consent of Ernst & Young LLP.(2)

 

 

23.2  

 

Consent of KPMG AZSA & Co. (4)

 

 

31.1  

 

Certification of the Chief Executive Officer pursuant to Rule 13a-14(a) or 15d-14(a) of the Securities Exchange Act of 1934, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.(4)

 

 

31.2  

 

Certification of the Chief Financial Officer pursuant to Rule 13a-14(a) or 15d-14(a) of the Securities Exchange Act of 1934, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.(4)

 

 

32.1  

 

Certification of the Chief Executive Officer pursuant to 18 U.S.C. Section 1350 as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.(5)

 

 

32.2  

 

Certification of the Chief Financial Officer pursuant to 18 U.S.C. Section 1350 as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.(5)

 

 

99.1  

 

Financial Statements of Jupiter Shop Channel Co., Ltd. for the 15 month period ended March 31, 2009 and the years ended December 31, 2007 and 2006.(4)

 

 

(1)
Reflects management contracts and management and director compensatory plans.

(2)
Previously filed as an exhibit to the Registrant's Annual Report on Form 10-K for the fiscal year ended December 31, 2008, filed on March 2, 2009.

(3)
Certain portions of this document have been omitted pursuant to a confidential treatment request.

(4)
Filed herewith.

(5)
Furnished herewith.

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SIGNATURES

        Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has duly caused this Amendment No. 3 on Form 10-K/A to be signed on its behalf by the undersigned, thereunto duly authorized.

July 24, 2009   IAC/INTERACTIVECORP

 

 

By:

 

/s/ MICHAEL H. SCHWERDTMAN

Michael H. Schwerdtman
Senior Vice President and Controller
(Chief Accounting Officer)

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Documents Incorporated By Reference
EXPLANATORY NOTE
PART IV
SIGNATURES