0001683168-24-001329.txt : 20240305 0001683168-24-001329.hdr.sgml : 20240305 20240305213900 ACCESSION NUMBER: 0001683168-24-001329 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: Peyree Scott CENTRAL INDEX KEY: 0001861876 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34063 FILM NUMBER: 24724198 MAIL ADDRESS: STREET 1: 1415 VANTAGE PARK DRIVE STREET 2: SUITE 700 CITY: CHARLOTTE STATE: NC ZIP: 28203 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 0001861876 Peyree Scott 1415 VANTAGE PARK DR. SUITE 700 CHARLOTTE NC 28203 0 1 0 0 Chief Operating Officer 0 Common Stock 2024-03-02 4 M 0 3679 A 19587 D Common Stock 2024-03-02 4 F 0 918 39.98 D 18669 D Common Stock 2024-03-02 4 M 0 13750 A 32419 D Common Stock 2024-03-02 4 F 0 3428 39.98 D 28991 D Common Stock 9622 I Through a revocable trust Common Stock 1689 I Through a grantor retained annuity trust Common Stock 1689 I Through a grantor retained annuity trust Restricted Stock Units 2024-03-01 4 A 0 17000 0 A Common Stock 17000 17000 D Performance Vested Restricted Stock Units 2024-03-01 4 A 0 24000 0 A Common Stock 24000 24000 D Restricted Stock Units 2024-03-02 4 M 0 3679 0 D Common Stock 3679 3679 D Restricted Stock Units 2024-03-02 4 M 0 13750 0 D Common Stock 13750 13750 D Restricted stock units convert into common stock on a one-for-one basis. Includes 1,407 shares of Common Stock acquired under the LendingTree, Inc. Employee Stock Purchase Plan. The reporting person's spouse is the sole beneficiary of this grantor retained annuity trust. 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. 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 F6) 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 2, 2023, subject to continuing service. These restricted stock units vest as follows: 50% of the restricted stock units will vest on the first anniversary of the date of grant and 25% of the restricted stock units will vest on the second and third anniversaries of the date of grant, in accordance with the terms of the original award agreement. /s/ Heather Novitsky, as Attorney-in-Fact for Scott Peyree 2024-03-05