More From This User
Related Docuements
Portal Technologies v. Iac/Interactivecorp et. al.
Official Complaint for Patent Infringement in Civil Action No. 2:11-cv-00439:...
From PriorSmart
\ue000
\ue000
UNITED\ue000 STATES
SECURITIES\ue000 AND\ue000 EXCHANGE\ue000 COMMISSION
WASHINGTON,\ue000 D.C.\ue000 20549
\ue000
FORM\ue000 8-K
\ue000
CURRENT\ue000 REPORT
Pursuant\ue000 to\ue000 Section\ue000 13\ue000 or\ue000 15(d)\ue000 of\ue000 the\ue000 Securities\ue000 Exchange\ue000 Act\ue000 of\ue000 1934
\ue000
Date\ue000 of\ue000 Report\ue000 (Date\ue000 of\ue000 earliest\ue000 event\ue000 reported):\ue000 \ue000 February\ue000 18,\ue000 2009
\ue000
IAC/INTERACTIVECORP
(Exact\ue000 name\ue000 of\ue000 registrant\ue000 as\ue000 specified\ue000 in\ue000 charter)
\ue000
Delaware
\ue000
0-20570
\ue000
59-2712887
(State\ue000 or\ue000 other\ue000 jurisdiction
\ue000
(Commission
\ue000
(IRS\ue000 Employer
of\ue000 incorporation)
\ue000
File\ue000 Number)
\ue000
Identification\ue000 No.)
\ue000
\ue000
\ue000
\ue000
\ue000
555\ue000 West\ue000 18th\ue000 Street,\ue000 New\ue000 York,\ue000 NY
\ue000
10011
(Address\ue000 of\ue000 principal\ue000 executive\ue000 offices)
\ue000
(Zip\ue000 Code)
\ue000
Registrant\u2019s\ue000 telephone\ue000 number,\ue000 including\ue000 area\ue000 code:\ue000 \ue000(212)\ue000 314-7300
\ue000
\ue000
(Former\ue000 name\ue000 or\ue000 former\ue000 address,\ue000 if\ue000 changed\ue000 since\ue000 last\ue000 report)
\ue000
Check\ue000 the\ue000 appropriate\ue000 box\ue000 below\ue000 if\ue000 the\ue000 Form\ue000 8-K\ue000 filing\ue000 is\ue000 intended\ue000 to\ue000 simultaneously\ue000 satisfy\ue000 the\ue000 filing\ue000 obligation\ue000 of\ue000 the\ue000 registrant\ue000 under\ue000 any\ue000 of
the\ue000 following\ue000 provisions:
\ue000
o\ue000 Written\ue000 communications\ue000 pursuant\ue000 to\ue000 Rule\ue000 425\ue000 under\ue000 the\ue000 Securities\ue000 Act\ue000 (17\ue000 CFR\ue000 230.425)
o\ue000 Soliciting\ue000 material\ue000 pursuant\ue000 to\ue000 Rule\ue000 14a-12\ue000 under\ue000 the\ue000 Exchange\ue000 Act\ue000 (17\ue000 CFR\ue000 240.14a-12)
o\ue000 Pre-commencement\ue000 communications\ue000 pursuant\ue000 to\ue000 Rule\ue000 14d-2(b)\ue000 under\ue000 the\ue000 Exchange\ue000 Act\ue000 (17\ue000 CFR\ue000 240.14d-2(b))
o\ue000 Pre-commencement\ue000 communications\ue000 pursuant\ue000 to\ue000 Rule\ue000 13e-4(c)\ue000 under\ue000 the\ue000 Exchange\ue000 Act\ue000 (17\ue000 CFR\ue000 240.13e-4(c))
\ue000\ue000
\ue000
Processed and formatted by SEC Watch - Visit SECWatch.com
\ue000
Item\ue000 5.02\ue000\ue000\ue000\ue000\ue000\ue000\ue000\ue000\ue000\ue000\ue000\ue000\ue000Departure\ue000 of\ue000 Directors\ue000 or\ue000 Certain\ue000 Officers;\ue000 Election\ue000 of\ue000 Directors;\ue000 Appointment\ue000 of\ue000 Certain\ue000 Officers;\ue000 Compensatory
Arrangements\ue000 of\ue000 Certain\ue000 Officers.
\ue000
On\ue000 February\ue000 18,\ue000 2009,\ue000 Gregory\ue000 R.\ue000 Blatt\ue000 entered\ue000 into\ue000 a\ue000 new\ue000 employment\ue000 arrangement\ue000 with\ue000 IAC/InterActiveCorp\ue000 (\u201cIAC\u201d)\ue000 and
Match.com,\ue000 Inc.\ue000 (\u201cMatchCo\u201d).\ue000 \ue000 Under\ue000 the\ue000 new\ue000 arrangement,\ue000 Mr.\ue000 Blatt\ue000 was\ue000 appointed\ue000 as\ue000 Chief\ue000 Executive\ue000 Officer\ue000 of\ue000 MatchCo,\ue000 and\ue000 will\ue000 continue
serving\ue000 as\ue000 an\ue000 Executive\ue000 Vice\ue000 President\ue000 of\ue000 IAC.\ue000 \ue000 A\ue000 summary\ue000 of\ue000 the\ue000 key\ue000 terms\ue000 of\ue000 Mr.\ue000 Blatt\u2019s\ue000 new\ue000 arrangement\ue000 are\ue000 set\ue000 forth\ue000 in\ue000 Exhibit\ue000 99.1\ue000 hereto,
which\ue000 is\ue000 incorporated\ue000 herein\ue000 by\ue000 reference.
\ue000
Item\ue000 9.01\ue000 Financial\ue000 Statements\ue000 and\ue000 Exhibits.
\ue000
(d)
\ue000
Exhibits\ue000 to\ue000 this\ue000 Form\ue000 8-K
\ue000
Exhibit\ue000 No.
\ue000
Description
99.1
\ue000
Summary\ue000 of\ue000 Key\ue000 Terms\ue000 of\ue000 G.\ue000 Blatt\ue000 Employment\ue000 Arrangements.
\ue000
SIGNATURES
\ue000
Pursuant\ue000 to\ue000 the\ue000 requirements\ue000 of\ue000 the\ue000 Securities\ue000 Exchange\ue000 Act\ue000 of\ue000 1934,\ue000 the\ue000 Registrant\ue000 has\ue000 duly\ue000 caused\ue000 this\ue000 report\ue000 to\ue000 be\ue000 signed\ue000 on\ue000 its
behalf\ue000 by\ue000 the\ue000 undersigned\ue000 hereunto\ue000 duly\ue000 authorized.
\ue000
\ue000
IAC/INTERACTIVECORP
\ue000
\ue000
\ue000
By:
/s/\ue000 Joanne\ue000 Hawkins
\ue000
Name: Joanne\ue000Hawkins
:
Title
Senior\ue000 Vice\ue000 President\ue000 and
\ue000
\ue000
Deputy\ue000 General\ue000 Counsel
\ue000
\ue000
Date:\ue000 February\ue000 24,\ue000 2009
\ue000
\ue000
2
Processed and formatted by SEC Watch - Visit SECWatch.com
\ue000
EXHIBIT\ue000 INDEX
\ue000
E
xhibit\ue000 No.
\ue000
Description
\ue000
\ue000
\ue000
99.1
\ue000
Summary\ue000 of\ue000 Key\ue000 Terms\ue000 of\ue000 G.\ue000 Blatt\ue000 Employment\ue000 Arrangements.
\ue000
3
EXHIBIT\ue000 99.1
\ue000
Summary\ue000 of\ue000 Key\ue000 Terms
\ue000
Effective\ue000 Date
\ue000
February\ue000 18,\ue000 2009\ue000 (\u201cEffective\ue000 Date\u201d)
\ue000
\ue000 \ue000
T
itles
\ue000
IAC/InterActiveCorp\ue000 (\u201cIAC\u201d)\ue000 \u2013\ue000 Executive\ue000 Vice\ue000 President
\ue000
Match.com,\ue000 Inc.\ue000 (\u201cMatchCo\u201d)\ue000 \u2013\ue000 Chief\ue000 Executive\ue000 Officer
\ue000
\ue000 \ue000
Employment\ue000 Term
\ue000
MatchCo\ue000 -\ue000 3\ue000 years;
\ue000
IAC\ue000 \u2013\ue000 indefinite
\ue000
\ue000 \ue000
Responsibilities
\ue000
IAC\ue000 \u2013\ue000 oversight\ue000 of\ue000 Legal,\ue000 Human\ue000 Resources\ue000 and\ue000 Corporate\ue000 Communications\ue000 Departments,\ue000 as\ue000 well\ue000 as\ue000 general\ue000 corporate
management
\ue000
MatchCo\ue000 \u2013\ue000 overall\ue000 responsibility\ue000 for\ue000 strategy\ue000 and\ue000 operations
\ue000
\ue000 \ue000
Base\ue000 Salary
\ue000
$650,000
\ue000
\ue000 \ue000
A
nnual\ue000 Bonus
\ue000
Executive\ue000 will\ue000 be\ue000 eligible\ue000 for\ue000 discretionary\ue000 annual\ue000 bonuses,\ue000 as\ue000 determined\ue000 by\ue000 the\ue000 IAC\ue000 Compensation\ue000 Committee.
\ue000
\ue000 \ue000
IAC\ue000 Option
Cancellation
\ue000
Certain\ue000 of\ue000 Executive\u2019s\ue000 options\ue000 to\ue000 purchase\ue000 shares\ue000 of\ue000 IAC\ue000 common\ue000 stock\ue000 (\u201cIAC\ue000 Options\u201d)\ue000 will\ue000 be\ue000 cancelled\ue000 as\ue000 follows:
\ue000
#\ue000 of\ue000 Options\ue000 to\ue000 be\ue000 Cancelled
\ue000
Strike\ue000 Price
\ue000
365,885\ue000
$
16.28\ue000
56,857\ue000
$
20.08\ue000
56,857\ue000
$
22.70\ue000
56,856\ue000
$
25.31\ue000
\ue000
\ue000
\ue000
The\ue000 foregoing\ue000 forfeiture\ue000 will\ue000 be\ue000 conditioned\ue000 upon\ue000 the\ue000 approval\ue000 by\ue000 IAC\ue000 stockholders\ue000 of\ue000 the\ue000 grant\ue000 of\ue000 MatchCo\ue000 Options
described\ue000 immediately\ue000 below.
\ue000
\ue000 \ue000
MatchCo\ue000 Options
\ue000
MatchCo\ue000 has\ue000 granted\ue000 to\ue000 Executive\ue000 the\ue000 following\ue000 options\ue000 (the\ue000 \u201cMatchCo\ue000 Options\u201d)\ue000 to\ue000 purchase\ue000 MatchCo\ue000 common
stock:
\ue000
(i)\ue000 an\ue000 option\ue000 to\ue000 purchase\ue000 150\ue000 shares\ue000 of\ue000 MatchCo\ue000 common\ue000 stock\ue000 with\ue000 a\ue000 per\ue000 share\ue000 exercise\ue000 price\ue000 equal\ue000 to\ue000 the\ue000 fair\ue000 market value\ue000 (\u201cFMV\u201d)\ue000 on\ue000 the\ue000 date\ue000 of\ue000 grant,\ue000 such\ue000 option\ue000 vesting\ue000 50%\ue000 on\ue000 the\ue000 two\ue000 year\ue000 anniversary\ue000 of\ue000 the\ue000 Effective\ue000 Date\ue000 and 50%\ue000 on\ue000 the\ue000 three\ue000 year\ue000 anniversary\ue000 of\ue000 the\ue000 Effective\ue000 Date;
\ue000
(ii)\ue000 an\ue000 option\ue000 to\ue000 purchase\ue000 100\ue000 shares\ue000 of\ue000 MatchCo\ue000 common\ue000 stock
\ue000
Processed and formatted by SEC Watch - Visit SECWatch.com
of 00
IAC/INTERACTIVECORP 8-K (Events or Changes Between Quarterly Reports) 2009-02-24
IAC/INTERACTIVECORP 8-K (Events or Changes Between Quarterly Reports) 2009-02-24
238 Reads
Info and Rating
| Category: | Uncategorized. |
| Rating: | |
| Upload Date: | 02/26/2009 |
| Copyright: | Public Domain |
| Tags: |
Leave a Comment