0001683168-24-001326.txt : 20240305 0001683168-24-001326.hdr.sgml : 20240305 20240305213616 ACCESSION NUMBER: 0001683168-24-001326 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240301 FILED AS OF DATE: 20240305 DATE AS OF CHANGE: 20240305 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: LEBDA DOUGLAS R CENTRAL INDEX KEY: 0001107090 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34063 FILM NUMBER: 24724181 MAIL ADDRESS: STREET 1: 6701 CARMEL RD STREET 2: SUITE 205 CITY: CHARLOTTE STATE: NC ZIP: 28226 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: LendingTree, Inc. CENTRAL INDEX KEY: 0001434621 STANDARD INDUSTRIAL CLASSIFICATION: LOAN BROKERS [6163] ORGANIZATION NAME: 02 Finance IRS NUMBER: 262414818 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1415 VANTAGE PARK DRIVE, SUITE 700 CITY: CHARLOTTE STATE: NC ZIP: 28203 BUSINESS PHONE: 704-541-5351 MAIL ADDRESS: STREET 1: 1415 VANTAGE PARK DRIVE, SUITE 700 CITY: CHARLOTTE STATE: NC ZIP: 28203 FORMER COMPANY: FORMER CONFORMED NAME: Tree.com, Inc. DATE OF NAME CHANGE: 20080507 4 1 ownership.xml X0508 4 2024-03-01 0 0001434621 LendingTree, Inc. TREE 0001107090 LEBDA DOUGLAS R 1415 VANTAGE PARK DR., SUITE 700 CHARLOTTE NC 28203 1 1 1 0 Chairman & CEO 0 Common Stock 2024-03-02 4 M 0 736 A 3454 I By Spouse Common Stock 2024-03-02 4 F 0 253 39.98 D 3201 I By Spouse Common Stock 2024-03-03 4 M 0 165 A 3366 I By Spouse Common Stock 2024-03-03 4 F 0 57 39.98 D 3309 I By Spouse Common Stock 4559 D Common Stock 433159 I Through 2022 Lebda Family Holdings, LLC Common Stock 1325000 I Through Lebda Family Holdings, LLC Common Stock 12524 I Through Lebda Family Holdings II, LLC Common Stock 300000 I Through 2021 Lebda Family Holdings LLC Restricted Stock Units 2024-03-01 4 A 0 2000 0 A Common Stock 2000 2000 I By Spouse Restricted Stock Units 2024-03-01 4 A 0 35000 0 A Common Stock 35000 35000 D Performance Vested Restricted Stock Units 2024-03-01 4 A 0 45000 0 A Common Stock 45000 45000 D Restricted Stock Units 2024-03-02 4 M 0 736 0 D Common Stock 736 737 I By Spouse Restricted Stock Units 2024-03-03 4 M 0 165 0 D Common Stock 165 0 I By Spouse Restricted stock units convert into common stock on a one-for-one basis. The reporting person disclaims beneficial ownership of the shares, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the shares for purposes of Section 16 or any other purpose. The reporting person disclaims beneficial ownership of the shares to the extent in which he does not have a pecuniary interest, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such shares for purposes of Section 16 or for any other purpose. The restricted stock units will vest in three substantially equal annual installments beginning on the first anniversary of the grant date. These restricted stock units will vest in three substantially equal annual installments beginning on the first anniversary of the grant date. Performance vested restricted stock units convert into common stock on a one-for-one basis. 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 $41.17, 1/3 of the performance vested restricted stock units, of which 1/2 will vest upon the achievement of the price hurdle, and the remaining 1/2 will vest upon the first anniversary of achievement of such price hurdle; (2) at a price of $52.94, 1/3 of the performance vested restricted stock units, of which 1/2 will vest upon the achievement of the price hurdle, and the remaining 1/2 will vest upon the first anniversary of achievement of such price hurdle; and (3) at a price of $64.70, 1/3 of the performance vested restricted stock units, of which 1/2 will vest upon the achievement of the price hurdle, and the remaining 1/2 will vest upon the first anniversary of achievement of such price hurdle. (Continued from F7) The price hurdle shall be deemed "achieved" if during the performance period, there is a date on which (with respect to 45 trading days immediately preceding such date) the average closing stock price during such 45-trading-day period of the Company's common stock equaled the applicable price hurdle stock price. To the extent that any Performance Vested RSUs do not become vested by the fourth anniversary of the Award Date, any such unvested performance vested restricted stock units shall be immediately forfeited. These restricted stock units vest in three substantially equal annual installments beginning on March 3, 2023, subject to continuing service. These restricted stock units vest in three substantially equal annual installments beginning on March 3, 2022, in accordance with the terms of the original award agreement. /s/ Heather Novitsky, as Attorney-in-Fact for Douglas R. Lebda 2024-03-05