Illegal Activity
none
Blackmail
none
Date
2015-09-11
Document Type
legal filing
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:43
Summary
This document describes the tax implications of restricted stock and restricted stock units, including the impact of Section 162(m) limitations. It also discusses subsidiary stock awards granted by IAC within Match Group, Inc. and the employee matters agreement between the two companies.
Metadata
- Subject
- Restricted Stock and Stock Units
- Sender
- —
- Recipients
- —
- Document ID
- DB-SDNY-0075206
- Date
- 2015-09-11
Relationships 1
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| IAC | Subsidiary | Match Group, Inc. | IAC has granted equity awards in certain subsidiaries within Match Group, Inc. |
Notable Quotes 2
A participant will not recognize taxable income at the time shares of restricted stock are granted and we will not be entitled to a tax deduction at such time, unless the participant makes an election under Section 83(b) of the Code to be taxed at grant.
The 2015 Plan is designed so that stock options and SARs qualify for this exemption, and it also permits the Compensation Committee to grant other awards designed to qualify for this exception.
Financial Information
Amounts:51 million
Assets:
- Shares of restricted stock
- Restricted stock units
- Shares of common stock
- Shares of Class B common stock
Transactions:
- Restricted stock grants
- Restricted stock unit grants
- Dividend payments
- Equity awards
Legal Compliance
- Section 162(m) of the Code generally places a $1 million annual limit on a Company's tax deduction for compensation paid to certain senior executives.
Raw Analysis JSON
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Themes
Financial transactions/money flowLegal matters/litigationEmployment/staffingBusiness dealings
Organizations 3
Match Group, Inc.IACSEC
Text Analysis
- Tone
- Informative
- Purpose
- To provide information regarding restricted stock, restricted stock units, and subsidiary stock awards.
- Significance
- This document outlines the tax implications and limitations associated with stock-based compensation plans, particularly concerning Section 162(m) of the Code.
File Info
- File Name
- EFTA01378046.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:43:49.774472
- DOJ Source
- View on DOJ