SEC Filing | Angi Inc.

View:

SEC FORM 4 SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Lowrie Allison

(Last)

(First)

(Middle)

C/O ANGI HOMESERVICES INC.

3601 WALNUT STREET, SUITE 700

(Street)

DENVER

80205

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
ANGI Homeservices Inc. [ ANGI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
CMO

3. Date of Earliest Transaction (Month/Day/Year)
01/26/2021

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock, par value $0.001⁽¹⁾	01/26/2021		M⁽¹⁾		164,420	A	$2.66	664,420	D
Class A Common Stock, par value $0.001	01/26/2021		D⁽²⁾		31,240	D	$14	633,180	D
Class A Common Stock, par value $0.001⁽³⁾	01/26/2021		F⁽³⁾		48,141	D	$14	585,039	D
Class A Common Stock, par value $0.001	01/26/2021		S		1	D	$14	585,038	D
Class A Common Stock, par value $0.001⁽¹⁾	01/27/2021		M⁽¹⁾		164,420	A	$2.66	749,458	D
Class A Common Stock, par value $0.001	01/27/2021		D⁽²⁾		29,158	D	$15	720,300	D
Class A Common Stock, par value $0.001⁽³⁾	01/27/2021		F⁽³⁾		59,381	D	$15	660,919	D
Class A Common Stock, par value $0.001	01/27/2021		S		85,038	D	$14.48⁽⁴⁾	575,881	D
Class A Common Stock, par value $0.001	01/27/2021		S		75,881	D	$15.28⁽⁵⁾	500,000	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Appreciation Rights⁽⁶⁾	$2.66	01/26/2021		M			164,420	09/29/2017⁽⁶⁾	02/10/2026⁽⁶⁾	Class A Common Stock, par value $0.001	164,420	$0	822,100	D
Stock Appreciation Rights⁽⁶⁾	$2.66	01/27/2021		M			164,420	09/29/2017⁽⁶⁾	02/10/2026⁽⁶⁾	Class A Common Stock, par value $0.001	164,420	$0	657,680	D

Explanation of Responses:

1. Represents shares of Class A Common Stock acquired/deemed to be acquired in connection with the exercise of stock appreciation rights (see footnote 6).

2. Represents shares of Class A Common Stock deemed to be simultaneously sold back to ANGI Homeservices in connection with the exercise of stock appreciation rights (see footnote 6).

3. Represent shares withheld to cover taxes due in connection with exercise of stock appreciation rights (see footnote 6).

4. The price reflects the weighted average of sales made at prices ranging from $14.00 to $14.82. The reporting person agrees to provide upon request by the Staff of the Securities and Exchange Commission, ANGI Homeservices or any security holder of ANGI Homeservices, information regarding the number of shares sold at each separate price.

5. The price reflects the weighted average of sales made at prices ranging from $15.00 to $15.75. The reporting person agrees to provide upon request by the Staff of the Securities and Exchange Commission, ANGI Homeservices or any security holder of ANGI Homeservices, information regarding the number of shares sold at each separate price.

6. Represents vested stock appreciation rights.

Remarks:

	Shannon M. Shaw as Attorney-in-Fact for Allison Lowrie	01/28/2021
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

POWER OF ATTORNEY

The undersigned hereby constitutes and appoints each of Shannon M. Shaw, Kelly A. Doria and Christopher W. Bohnert, signing  singly, as the undersigned's true and lawful attorney-in-fact to:

      (1)   execute  for  and on behalf of the undersigned, in the undersigned's capacity  as  a  director of ANGI Homeservices Inc. (the "Company"),Forms  3, 4 and 5 in accordance with Section 16(a) of the Securities Exchange  Act  of  1934,  as  amended, and the rules thereunder (the "Exchange  Act"),  and  Form  ID to obtain and/or renew EDGAR codes, passwords  and/or  passphrases for use in connection with the filing of Forms 3, 4 and 5;

      (2)   do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any such Form  3,  4  or  5 or Form ID, complete and execute any amendment or amendments  thereto,  and  timely  file  such  forms with the United States  Securities and Exchange Commission and any stock exchange or similar authority;

      (3)   take  any other action of any type whatsoever in connection with the foregoing  which, in the opinion of such attorney-in-fact, may be of benefit  to,  in  the  best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of  Attorney  shall be in such form shall contain such terms and conditions   as   such   attorney-in-fact   may   approve   in  such attorney-in-fact's discretion; and

      (4)   seek  or  obtain,  as  the undersigned's attorney-in-fact and on the undersigned's  behalf, information  regarding  transactions in the Company's securities  from  any  third  party,  including  brokers, employee   benefit plan administrators and trustees,  and  the undersigned  hereby  authorizes  any such person to release any such information  to  such attorney-in-fact and approves and ratifies any such release of information.

      The undersigned hereby grants to each such attorney-in-fact full power and authority to  do  and perform any and every act and thing whatsoever requisite, necessary,  or  proper  to be done in connection with the exercise of any of the rights  and  powers  herein granted, as fully to all intents and purposes as the
undersigned  might  or  could  do  if personally  present,  with  full power of substitution  or  revocation,  hereby  ratifying  and  confirming all that such attorney-in-fact,  or  such attorney-in-fact's substitute or substitutes, shall lawfully  do  or  cause  to  be done by virtue of this Power of Attorney and the rights  and  powers  herein  granted.  The  undersigned  acknowledges  that  the foregoing  attorneys-in-fact,  in serving in such capacity at the request of the undersigned,  are  not  assuming,  nor  is  the  Company  assuming,  any  of the undersigned's responsibilities to comply with Section 16 of the Exchange Act.

   This  Power of Attorney shall remain in full force and effect until the  undersigned is no longer required to file Forms 3, 4, and 5 with respect to the undersigned's holdings of and transactions in securities issued by the Company, unless  earlier revoked by the undersigned in a signed writing delivered to the foregoing attorneys-in-fact.

         This   Power   of  Attorney  does  not  relieve  the  undersigned  from responsibility  for  compliance  with  the  undersigned's obligations under the Exchange  Act,  including, without limitation, the reporting requirements under Section  16  of the Exchange Act. Additionally, although pursuant to this Power of Attorney the Company will use commercially reasonable best efforts to timely and  accurately  file  Section  16  reports on behalf of the undersigned, then Company does not  represent  or  warrant that it will be able to in all cases timely  and accurately file Section 16 reports on behalf of the undersigned due to  various  factors,  including,  but  not  limited  to, the shorter deadlines mandated  by  the  Sarbanes-Oxley  Act  of 2002, possible time zone differences between the Company and the undersigned and the Company's need to rely on other parties   for  information,  including  the  undersigned  and  brokers  of  the undersigned.

   IN  WITNESS  WHEREOF, the undersigned had caused this Power of Attorney to be executed as of this 28th day of January 2021.

 /s/ ALLISON LOWRIE
------------------------------
Name: Allison Lowrie