ServiceMagic 2015 Annual Report Download - page 24

TableofContents
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NopaymentswouldhavebeenmadetoMr.WiniarskipursuanttoanyagreementbetweentheCompanyandMr.Winiarskiuponachangeincontrolof
IAConDecember31,2015.UponaterminationwithoutcauseorresignationforgoodreasonfollowingachangeincontrolofIAConDecember31,2015,in
accordancewithouromnibusstockandannualincentiveplansandtherelatedawardagreements,thevestingofallthenoutstandingandunvestedstockoptionsand
RSUsheldbyMr.Winiarskiwouldhavebeenaccelerated.

ForMr.Winiarski,“goodreason”includes:(i)amaterialadversechangeinhistitle,dutiesorlevelofresponsibilities,(ii)amaterialreductioninhisbase
salary,(iii)amaterialrelocationofhisprincipalplaceofemploymentoutsideoftheNewYorkCitymetropolitanarea,and(iv)amaterialadversechangein
reportingstructuresuchthatheisnolongerreportingtoaCompanyofficerwithatitleofExecutiveVicePresidentorabovethatreportstotheCompany’s
ChairmanorViceChairman,ineachcase,withoutthewrittenconsentofMr.Winiarskiorthatisnotcuredpromptlyafternotice.

NameandBenefit 
Terminationof
EmploymentWithout
CauseorResignation
forGoodReason 
TerminationofEmployment
WithoutCauseor
ResignationforGood
ReasonDuringtheTwo
YearPeriodFollowinga
ChangeinControlofIAC 
BarryDiller
  
ContinuedSalary

—

—

MarketValueofstockoptionsthatwouldvest

—

—

MarketValueofRSUsthatwouldvest

—

—

TotalEstimatedIncrementalValue

—

—

  
JosephLevin
  
ContinuedSalary

—

—

MarketValueofstockoptionsthatwouldvest(1)

—

$ 536,806(3)
MarketValueofRSUsthatwouldvest(2)

—

$ 17,166,133(4)
TotalEstimatedIncrementalValue

—

$ 17,702,939

   
VictorA.Kaufman
  
ContinuedSalary

—

—

MarketValueofstockoptionsthatwouldvest

—

—

MarketValueofRSUsthatwouldvest(2)

$ 374,712(5) $ 707,749(4)
TotalEstimatedIncrementalValue

$ 374,712

$ 707,749

    
JeffreyW.Kip
  
ContinuedSalary

$ 575,000(6) $ 575,000(6)
MarketValueofstockoptionsthatwouldvest(1)

762,694(5) $ 977,055(3)
MarketValueofRSUsthatwouldvest(2)

47,848(7) $ 957,017(4)
TotalEstimatedIncrementalValue

1,385,542

$ 2,509,072

   
GreggWiniarski
  
ContinuedSalary

$ 500,000

$ 500,000

MarketValueofstockoptionsthatwouldvest(1)

$ 767,216(7) $ 910,132(3)
MarketValueofRSUsthatwouldvest(2)

$ 318,986(5) $ 638,031(4)
TotalEstimatedIncrementalValue

$ 1,586,202

$ 2,048,163


(1)RepresentsthedifferencebetweentheclosingpriceofIACcommonstock($60.05)onDecember31,2015andtheexercisepricesofallin-the-money
stockoptionsacceleratedupontheoccurrenceoftherelevanteventspecifiedabove,multipliedbythenumberofstockoptionsaccelerated.

(2)RepresentstheclosingpriceofIACcommonstock($60.05)onDecember31,2015,multipliedbythenumberofRSUsacceleratedupontheoccurrence
oftherelevanteventspecifiedabove.

(3)Representsthevalueofstockoptionsthatwouldhavevesteduponaterminationofemploymentwithoutcauseorresignationforgoodreasonfollowinga
changeincontrolofIAConDecember31,2015inaccordancewiththeapplicableomnibusstockandannualincentiveplanandtherelatedaward
agreements.

(4)RepresentsthevalueofRSUsthatwouldhavevesteduponaterminationofemploymentwithoutcauseorresignationforgoodreasonfollowingachange
incontrolofIAConDecember31,2015inaccordancewiththeapplicableomnibusstockandannualincentiveplanandtherelatedawardagreements.

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