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