XML 49 R38.htm IDEA: XBRL DOCUMENT
v3.21.1

STOCK-BASED COMPENSATION (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2020
Share-based Payment Arrangement [Abstract] |
Schedule of Changes in Outstanding Stock Options | Stock options outstanding at December 31, 2020 and changes during the year ended December 31, 2020 are as follows:
| December 31, 2020
| Shares |  | Weighted Average Exercise Price |  | Weighted Average Remaining Contractual Term (In Years) |  | Aggregate Intrinsic Value
| (Shares and intrinsic value in thousands)
Former IAC options outstanding at January 1, 2020 | 4,887 |  |  | $ | 64.63 |  |  |  |  |
Activity between January 1, 2020 and June 30, 2020 |  |  |  |  |  |  |
Exercised | (380) |  |  | 51.73 |  |  |  |  |
Forfeited | (10) |  |  | 65.22 |  |  |  |  |
Former IAC options outstanding at June 30, 2020 prior to the Separation adjustment | 4,497 |  |  | 65.72 |  |  |  |  |
Options outstanding as of June 30, 2020 representing Former IAC options converted into Match Group options in conjunction with the Separation(a) | 9,707 |  |  | 21.14 |  |  |  |  |
Assumption of the 2015 and 2017 plans of the Former Match Group | 5,744 |  |  | 16.77 |  |  |  |  |
Outstanding at June 30, 2020 after Separation adjustment and adoption of the 2015 and 2017 plans of Former Match Group | 15,451 |  |  | 19.52 |  |  |  |  |
Activity between July 1, 2020 and December 31, 2020 |  |  |  |  |  |  |
Exercised | (7,955) |  |  | 19.53 |  |  |  |  |
Forfeited | (67) |  |  | 22.43 |  |  |  |  |
Expired | (4) |  |  | 14.79 |  |  |  |  |
Outstanding at December 31, 2020 | 7,425 |  |  | $ | 19.48 |  |  | 5.7 |  | $ | 977,957 |
Options exercisable | 5,411 |  |  | $ | 19.03 |  |  | 5.4 |  | $ | 715,083 |
______________________ (a)Immediately prior to the Separation, the vesting of all outstanding, unvested Former IAC stock options was accelerated, and all Former IAC options outstanding were converted into IAC options and Match Group options pursuant to the Employee Matters Agreement entered into on June 30, 2020 between Match Group and IAC. Each Former IAC option outstanding converted into (i) one IAC stock option; and (ii) 2.1584 Match Group stock options, which are reflected here. The exercise price of each Former IAC option was allocated between the newly created options of IAC and Match Group based on the relative value of IAC and Match Group, respectively, to the Former IAC value at the close of business on the day of Separation.
Schedule of Stock Options Outstanding and Exercisable | The following table summarizes the information about stock options outstanding and exercisable at December 31, 2020:
| Options Outstanding |  | Options Exercisable
Range of Exercise Prices | Outstanding at December 31, 2020 |  | Weighted- Average Remaining Contractual Life in Years |  | Weighted-Average Exercise Price |  | Exercisable at December 31, 2020 |  | Weighted- Average Remaining Contractual Life in Years |  | Weighted-Average Exercise Price
| (Shares in thousands)
$0.01 to $10.00 | 1,105 |  |  | 5.3 |  | $ | 8.57 |  |  | 1,079 |  |  | 5.3 |  | $ | 8.56 |
$10.01 to $20.00 | 2,633 |  |  | 5.7 |  | 15.12 |  |  | 1,559 |  |  | 5.4 |  | 14.35 |
$20.01 to $30.00 | 3,345 |  |  | 5.7 |  | 24.20 |  |  | 2,570 |  |  | 5.4 |  | 24.11 |
$30.01 to $50.00 | 342 |  |  | 7.1 |  | 42.18 |  |  | 203 |  |  | 7.2 |  | 46.30 |
| 7,425 |  |  | 5.7 |  | $ | 19.48 |  |  | 5,411 |  |  | 5.4 |  | $ | 19.03 |
Schedule of Restricted Stock Units and Performance Stock Units | Unvested RSUs, PSUs, and market-based awards outstanding at December 31, 2020 and changes during the year ended December 31, 2020 are as follows:
| RSUs |  | PSUs |  | Market-based awards
| Number of shares |  | Weighted Average Grant Date Fair Value |  | Number of shares(a) |  | Weighted Average Grant Date Fair Value |  | Number of shares(a) |  | Weighted Average Grant Date Fair Value
| (Shares in thousands)
Unvested at January 1, 2020 | 202 |  |  | $ | 132.37 |  |  | — |  |  | $ | — |  |  | 159 |  |  | $ | 153.43 |
Activity between January 1, 2020 and June 30, 2020 |  |  |  |  |  |  |  |  |  |  |
Granted | 8 |  |  | 295.37 |  |  | — |  |  | — |  |  | — |  |  | — |
Vested | (78) |  |  | 104.62 |  |  | — |  |  | — |  |  | (53) |  |  | 167.32 |
Forfeited | (3) |  |  | 222.34 |  |  | — |  |  | — |  |  | — |  |  | — |
Converted to IAC awards, no longer outstanding at Match Group due to Separation | (129) |  |  | 158.27 |  |  | — |  |  | — |  |  | (106) |  |  | 146.49 |
Assumption of the 2015 and 2017 plans of the Former Match Group | 3,464 |  |  | 58.52 |  |  | 355 |  |  | 53.00 |  |  | 912 |  |  | 21.11 |
Activity between July 1, 2020 and December 31, 2020 |  |  |  |  |  |  |  |  |  |  |
Granted | 277 |  |  | 106.17 |  |  | 195 |  |  | 102.70 |  |  | — |  |  | — |
Vested | (304) |  |  | 48.80 |  |  | — |  |  | — |  |  | (111) |  |  | 22.56 |
Forfeited | (138) |  |  | 67.99 |  |  | — |  |  | — |  |  | (65) |  |  | 23.84 |
Expired | — |  |  | — |  |  | — |  |  | — |  |  | (22) |  |  | 23.35 |
Unvested at December 31, 2020 | 3,299 |  |  | $ | 63.02 |  |  | 550 |  |  | $ | 74.59 |  |  | 714 |  |  | $ | 19.34 |
______________________ (a)Represents the maximum shares issuable.

X
- References No definition available. + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationRestrictedStockUnitsAwardActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of option exercise prices, by grouped ranges, including the upper and lower limits of the price range, the number of shares under option, weighted average exercise price and remaining contractual option terms. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration