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Quotes & Info
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| IACI > SEC Filings for IACI > Form 8-K on 8-Dec-2008 | All Recent SEC Filings |
8-Dec-2008
Temporary Suspension of Trading Under Registrant's Employee Benefit Plans
On December 8, 2008, IAC/InterActiveCorp ("IAC") sent a notice to its directors and executive officers informing them of a blackout period with respect to IAC's 401(k) plan (the "Plan"). This blackout period, which is being implemented in connection with the changing of trustees and recordkeepers for the Plan, is currently expected to last from the close of business on December 23, 2008 until the week of January 12, 2009. During this blackout period, (i) IAC's directors and executive officers will be subject to restrictions with respect to transactions in IAC common stock and related equity securities and (ii) Plan participants will be unable to engage in certain transactions involving IAC common stock held in their Plan accounts, including exchange, distribution and loan transactions.
A copy of the blackout notice to IAC's directors and executive officers is attached hereto as Exhibit 99.1 and is incorporated herein by reference. During the blackout period and for a period of two years after the ending date of the blackout period, security holders or other interested persons may obtain, without charge, information about the actual beginning and ending dates of the blackout period by contacting David Birnbaum, at IAC/InterActiveCorp, 555 West 18th Street, New York, NY, or at (212) 314-7244, to whom all inquiries regarding the blackout period should be directed.
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