Accession Number: | 0001127602-23-007108 |
Date: | 2023-02-22 |
Issuer: | TRIPADVISOR, INC. (TRIP) |
Original Submission Date: |
KALVERT SETH J
C/O TRIPADVISOR, INC.
400 1ST AVENUE
NEEDHAM, MA 02494
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
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Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
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RESTRICTED STOCK UNITS | 0.0 | 2023-02-22 | deemed execution date | A | 50,584 (a) | 2024-02-15 | 2028-02-15 | common stock 50,584 | $0.00 | 50,584 | direct | |
RESTRICTED STOCK UNITS (PERFORMANCE-BASED) | 0.0 | 2023-02-22 | deemed execution date | A | 50,584 (a) | 2024-12-31 | 2025-12-31 | restricted stock units 50,584 | $0.00 | 50,584 | direct |
ID | footnote |
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f1 | date at which first vesting occurs is indicated. 25% of the total number of rsus vest on february 15, 2024, and 6.25% will vest quarterly thereafter. the award is fully vested on february 15, 2028. |
f2 | the number of psus to vest and settle will be based on actual performance relative to the performance metrics, targets and weightings to be established by the compensation committee for the performance period ended december 31, 2024. the number of derivative securities set forth above is the target number of psus. the actual number of psus will vest and settle 50% on or about december 31, 2024 and the remaining 50% on december 31, 2025. |