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STOCK-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2021
Share-based Payment Arrangement [Abstract]  
Schedule of Weighted Average Assumptions The summary of the weighted average assumptions used to value SARs at their grant date for the years ended December 21, 2020 and 2019 is as follows.
Years Ended December 31,
20202019
Expected volatility38 %41 %
Risk-free interest rate1.0 %1.8 %
Expected term3.3 years3.4 years
Dividend yield— %— %
Stock Appreciation Rights and Stock Options SARs and stock options outstanding at December 31, 2021 and changes during the year ended December 31, 2021 are as follows:
SARs and stock optionsWeighted average exercise priceWeighted average remaining contractual term in yearsAggregate intrinsic value
(Shares and intrinsic value in thousands)
Outstanding Vimeo OpCo SARs at December 31, 2020
13,897$6.42 
Granted6335.35 
Exercised(305)5.52 
Forfeited or Expired(178)6.56 
Outstanding Vimeo OpCo SARs prior to Spin-off13,477 6.57 
Outstanding Vimeo SARs after Spin-off (a)
13,6866.49 
Conversion of Vested IAC Stock Options (b)
6,2014.33 
Exercised(2,162)4.87 
Forfeited or Expired(238)7.01 
Outstanding Vimeo SARs and Stock Options at December 31, 2021
17,487 5.91 6.1$210,640 
Exercisable Vimeo SARs and Stock Options at December 31, 2021
13,350 $5.38 5.5$167,984 
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(a)    Reflects the conversion of unvested Vimeo OpCo SARs into Vimeo SARs by multiplying each award of Unvested Vimeo OpCo SARs prior to Spin-off by the Vimeo Merger Exchange Ratio.
(b)    Reflects the conversion of vested IAC stock options into vested Vimeo stock options by multiplying each vested award of IAC stock options prior to the Spin-off by the Spin-off Exchange Ratio.
Summary of Restricted Stock Unit Activity Unvested RSUs outstanding at December 31, 2021 and changes during the year ended December 31, 2021 are as follows:
Number of Shares
Weighted Average
Grant Date
Fair Value
(Shares in thousands)
Unvested Vimeo OpCo RSUs at December 31, 2020
88 $17.33 
Granted1,734 35.35 
Forfeited(5)35.35 
Unvested Vimeo OpCo RSUs prior to Spin-off1,817 34.48 
Unvested Vimeo RSUs after Spin-off (a)
1,844 34.70 
Granted1,619 26.11 
Released(2)$33.33 
Forfeited(117)$36.23 
Unvested Vimeo RSUs at December 31, 2021
3,344 $30.49 
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(a)    Reflects the conversion of unvested Vimeo OpCo RSUs into Vimeo RSUs by multiplying each award of Unvested Vimeo OpCo RSUs prior to Spin-off by the Vimeo Merger Exchange Ratio.