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STOCK-BASED COMPENSATION (Tables)
6 Months Ended
Jun. 30, 2020
Share-based Payment Arrangement [Abstract]  
Schedule of Changes in Outstanding Stock Options
Stock options outstanding at June 30, 2020 and changes during the six-months ended June 30, 2020 are as follows:
 SharesWeighted
Average
Exercise
Price
Weighted
Average
Remaining
Contractual
Term (In Years)
Aggregate
Intrinsic
Value
 (Shares and intrinsic value in thousands)
Former IAC options outstanding at January 1, 2020
4,887  $64.63    
Exercised(380) 51.73    
Forfeited(10) 65.22    
Former IAC options outstanding at June 30, 2020 prior to the Separation adjustment
4,497  $65.72  
Options outstanding as of June 30, 2020 representing Former IAC options converted into Match Group options in conjunction with the Separation(a)
9,707  $21.14  
Assumption of the 2015 and 2017 plans of the Former Match Group
5,744  $16.77  
Outstanding at June 30, 2020 post Separation adjustment and adoption of the 2015 and 2017 plans
15,451  $19.52  5.5$1,306,139  
Options exercisable12,078  $19.51  5.1$1,021,109  
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(a)Immediately prior to the Separation, the vesting of all outstanding, unvested Former IAC stock options was accelerated, and such options outstanding were converted into IAC options and Match Group options pursuant to the Employee Matters Agreement entered into on June 30, 2020 between Match Group and IAC. Each Former IAC option outstanding converted into (i) one IAC stock option; and (ii) 2.1584 Match Group stock options. The exercise price of each Former IAC option was allocated between the newly created options of IAC and Match Group based on the relative value of IAC and Match Group, respectively, to the Former IAC value at the close of business on the day of Separation.
Schedule of Stock Options Outstanding and Exercisable
The following table summarizes the information about stock options outstanding and exercisable at June 30, 2020:
Options OutstandingOptions Exercisable
Range of Exercise PricesOutstanding at June 30, 2020Weighted-
Average
Remaining
Contractual
Life in Years
Weighted-Average
Exercise
Price
Exercisable at June 30, 2020Weighted-
Average
Remaining
Contractual
Life in Years
Weighted-Average
Exercise
Price
(Shares in thousands)
$0.01 to $10.00
1,317  5.8$8.59  1,075  5.7$8.52  
$10.01 to $20.00
5,964  5.014.70  4,362  4.414.27  
$20.01 to $30.00
7,815  5.824.02  6,438  5.524.05  
$30.01 to $50.00
355  7.641.84  203  7.546.39  
15,451  5.5$19.52  12,078  5.1$19.51  
Schedule of Unvested RSUs, PSUs and Market-Based Awards
Unvested RSUs, PSUs and market-based awards outstanding at June 30, 2020 and changes during the six months ended June 30, 2020 are as follows:
 RSUsPSUsMarket-based awards
 Number
of shares
Weighted
Average
Grant Date
Fair Value
Number
of shares(a)
Weighted
Average
Grant Date
Fair Value
Number
of shares
Weighted
Average
Grant Date
Price
 (Shares in thousands)
Unvested at January 1, 2020202  $132.37  —  $—  159  $153.43  
Granted 295.37  —  —  —  —  
Vested(78) 104.62  —  —  (53) 167.32  
Forfeited(3) 222.34  —  —  —  —  
Converted to IAC awards, cancelled at Match Group due to Separation
(129) 158.27  —  —  (106) 146.49  
Assumption of the 2015 and 2017 plans of the Former Match Group
3,464  58.52  396  53.00  871  21.11  
Unvested at June 30, 20203,464  $58.52  396  $53.00  871  $21.11  
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(a)Represents the maximum shares issuable.