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Article: IAC/INTERACTIVECORP REPORTS MULTIPLE TRANSACTIONS BY SENIOR VP SCHWERDTMAN
- Article from:
- US Fed News Service, Including US State News
- Article date:
- August 25, 2008
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US Fed News
WASHINGTON, Aug. 25 -- IAC/Interactivecorp, New York, has filed a Form 4 with the Securities and Exchange Commission noting the change in the beneficial interest held by Senior VP and Controller Michael H. Schwerdtman, New York.
On Aug. 20 Schwerdtman had multiple transactions resulting in acquisition of 40,095 shares of stock. SEC Form 4 stated, 1) "Reflects shares of IAC common stock acquired upon the accelerated vesting of multiple grants of restricted stock units immediately prior to the completion of the spin-off (the "Spin-Off") by IAC of HSN, Inc., Interval Leisure Group, Inc., Ticketmaster and Tree.com, Inc. on August 20, 2008. The settlement of these accelerated ...
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