Iac/interactivecorp (IACI) Files Form 4 Insider Selling : Victor Kaufman Sells 140,850 Shares

Iac/interactivecorp (IACI): Victor Kaufman , Vice Chairman of Iac/interactivecorp sold 140,850 shares on May 9, 2016. The Insider selling transaction was reported by the company on May 11, 2016 to the Securities and Exchange Commission. The shares were sold at $54.27 per share for a total value of $7,643,929.50 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 4, 2015, Victor Kaufman (Vice Chairman) sold 287,500 shares at $70.42 per share price.On Apr 9, 2015, Jeffrey W Kip (CFO) purchased 8,244 shares at $67.75 per share price.Also, On Feb 27, 2015, Michael H Schwerdtman (SVP & Controller) sold 27,500 shares at $67.33 per share price.

IAC/InterActiveCorp (IAC) is a media and Internet company. The Company operates through four segments: Search & Applications The Match Group Media and eCommerce. The Search & Applications segment consists of: Websites through which the Company provides search services content and other services and applications including its direct-to-consumer downloadable applications operations (B2C) partnership operations (B2B) SlimWare and Apalon. The Match Group segment consists of its North America dating businesses International dating businesses and non-dating businesses. The Media segment consists of Vimeo which offers video creators tools; Electus a multimedia entertainment studio and The Daily Beast a Website dedicated to news commentary culture and entertainment. The eCommerce segment consists of HomeAdvisor an online marketplace for matching consumers with home services professionals and ShoeBuy an Internet retailer of footwear and related apparel and accessories.

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