Initial Statement of Beneficial Ownership (3)
April 13 2023 - 4:22PM
Edgar (US Regulatory)
FORM 3
|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
|
OMB APPROVAL
OMB Number:
3235-0104
Estimated average burden hours per response...
0.5
|
|
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
|
|
1. Name and Address of Reporting Person
*
Cox Eric |
2. Date of Event Requiring Statement (MM/DD/YYYY)
4/4/2023
|
3. Issuer Name and Ticker or Trading Symbol
Vimeo, Inc. [VMEO]
|
(Last)
(First)
(Middle)
C/O VIMEO, INC., 330 WEST 34TH STREET 5TH FLOOR |
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)
_____ Director _____ 10% Owner ___X___ Officer (give title below) _____ Other (specify below) Chief Operating Officer / |
(Street)
NEW YORK, NY 10001
(City)
(State)
(Zip)
| 5. If Amendment, Date Original Filed(MM/DD/YYYY)
| 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 Beneficially Owned
|
1.Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common Stock | 313514 (1) | D | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
|
1. Title of Derivate Security (Instr. 4) | 2. Date Exercisable and Expiration Date (MM/DD/YYYY) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) |
Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Market-Based Restricted Stock Units | (2)(3) | (2)(3) | Vimeo, Inc. Common Stock | 720000 | $0 | D | |
Explanation of Responses: |
(1) | The amounts reported include (i) 250,391 restricted stock units ("RSUs") that remain unvested pursuant to an award previously granted to the reporting person on December 6, 2021 and that vest in equal installments on December 6, 2023 and December 6, 2024, and (ii) 63,123 shares of Vimeo, Inc. common stock held directly by the reporting person. |
(2) | The market-based RSUs subject to this award vest in tranches over three years. The number of RSUs earned is subject to upward or downward adjustment from 0% to 200% of the 720,000 RSUs reported in this Report, or the "base number of RSUs," based on (i) for the first three tranches, a "payout factor," calculated as the volume-weighted average of the closing price of the Company's common stock for the twenty (20) trading days immediately preceding the appliable vesting date divided by (b) $4.00 and (ii) for the true-up tranche, if the payout factor for the third tranche exceeds the payout factor for the first or second tranches, (a) the vested RSUs for each applicable tranche, recalculated using the payout factor for the third tranche, less (b) the previously-vested RSUs for the applicable tranche. |
(3) | The first three tranches, of 240,000, 240,000 and 240,000 RSUs, respectively, vest annually, beginning on March 1, 2024, and the final, "true-up tranche" vests along with the third tranche on March 1, 2026. The maximum number of RSUs that may vest pursuant to the award agreement is 1,440,000. |
Reporting Owners
|
Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Cox Eric C/O VIMEO, INC. 330 WEST 34TH STREET 5TH FLOOR NEW YORK, NY 10001 |
|
| Chief Operating Officer |
|
Signatures
|
/s/ Jessica Tracy, Attorney-in- Fact for Eric Cox | | 4/13/2023 |
**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 5(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 control number. |
Vimeo (NASDAQ:VMEO)
Historical Stock Chart
From Sep 2024 to Oct 2024
Vimeo (NASDAQ:VMEO)
Historical Stock Chart
From Oct 2023 to Oct 2024