STOCK-BASED COMPENSATION (Tables)

12 Months Ended

Dec. 31, 2023

Share-Based Payment Arrangement [Abstract]

Schedule and Assumptions of Stock Appreciation Rights and Stock Options

The table below summarizes information about SARs and stock options exercised:

	Years Ended December 31,
	2023		2022		2021
	(In thousands)
Intrinsic value	$	157	$	1,427	$	49,383
Cash received	$	759	$	18	$	3,364

The table below summarizes the weighted average grant date fair value of RSUs granted, the weighted-average assumptions used to determine the grant date fair value of RSUs subject to market-based conditions, and the intrinsic value of RSUs that vested.

	Years Ended December 31,
	2023			2022			2021(a)
Weighted average grant date fair value of RSUs granted:
Service based	$	3.67		$	8.24		$	30.89
Market based	5.80			7.25			—
Total RSUs	$	4.11		$	8.17		$	30.89
Assumptions for RSUs granted with market based conditions:
Volatility	57.2		%	47.0		%	—
Risk free rate	4.5		%	2.5		%	—
Dividend yield	0		%	0		%	—
Other Information (In thousands):
Intrinsic value of RSUs that vested	$	15,960		$	3,133		$	49

_____________________

(a)    There were no RSUs with market based conditions granted in the year ended December 31, 2021.

Schedule of Stock Appreciation Rights and Stock Options

SAR and stock option activity for the year ended December 31, 2023 is as follows:

	SARs and stock options	Weighted average exercise price		Weighted average remaining contractual term in years	Aggregate intrinsic value
	(Shares and intrinsic value in thousands)
Outstanding at December 31, 2022	15,227	$	5.82
Granted	250	4.00
Exercised	(275)	2.75
Forfeited	(210)	11.74
Expired	(2,638)	6.63
Outstanding at December 31, 2023(a)	12,354	5.58		3.6	874
Exercisable at December 31, 2023(a)	11,847	$	5.53	3.5	$	874

_____________________

(a)    Includes 4.5 million outstanding and exercisable stock options at December 31, 2023 which relate solely to the conversion of vested IAC stock options into Vimeo stock options in connection with the Spin-off as more fully described in "Note 1—Organization and Basis of Presentation.

Schedule of Restricted Stock Unit Activity

RSU activity for the year ended December 31, 2023 is as follows:

	Number of Shares	Weighted Average Grant Date Fair Value
	(Shares in thousands)
Unvested at December 31, 2022	15,934	$	11.80
Granted	5,875	4.11
Vested	(4,111)	12.06
Forfeited	(5,152)	12.22
Unvested at December 31, 2023(a)	12,546	$	7.95

_____________________

(a)    Includes 0.5 million RSUs subject to market-based conditions.