Angi (ANGI) Form 4 ANGI Homeservices / Craig M. Smith ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Smith Craig M.

(Last) (First) (Middle)

C/O ANGI HOMESERVICES INC.

3601 WALNUT STREET, SUITE 700

(Street)

DENVER CO 80205

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ANGI Homeservices Inc. [ ANGI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
President & COO

3. Date of Earliest Transaction (Month/Day/Year)
08/20/2020

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock, par value $0.001(1)	08/20/2020		M(1)		654,235	A	$4.53	654,235	D
Class A Common Stock, par value $0.001(2)	08/20/2020		D(2)		207,965	D	$14.25	446,270	D
Class A Common Stock, par value $0.001(3)	08/20/2020		F(3)		196,270	D	$14.25	250,000	D
Class A Common Stock, par value $0.001	08/20/2020		S		100,000	D	$14.25(4)	150,000	D
Class A Common Stock, par value $0.001	08/20/2020		S		17,203	D	$14.37(5)	132,797	D
Class A Common Stock, par value $0.001	08/20/2020		S		132,797	D	$14.14(6)	0	D
Class A Common Stock, par value $0.001(1)	08/21/2020		M(1)		263,871	A	$4.53	263,871	D
Class A Common Stock, par value $0.001(2)	08/21/2020		D(2)		84,438	D	$14	179,433	D
Class A Common Stock, par value $0.001(3)	08/21/2020		F(3)		79,433	D	$14	100,000	D
Class A Common Stock, par value $0.001	08/21/2020		S		100,000	D	$13.84(7)	0	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Apprecation Rights(8)	$4.53	08/20/2020		M(5)			654,235	09/29/2017(8)	02/14/2027(8)	Class A Common Stock, par value $0.001	654,235	$0	4,920,215	D
Stock Appreciation Rights(8)	$4.53	08/21/2020		M(8)			263,871	09/29/2017(8)	02/14/2027(8)	Class A Common Stock, par value $0.001	263,871	$0	4,656,344	D

Explanation of Responses:

1. Represents shares of Class A Common Stock acquired/deemed to be acquired in connection with the exercise of stock appreciation rights (see footnote 8 below).

2. Represents shares of Class A Common Stock deemed to be simultaneously sold back to ANGI Homeservices in connection with the exercise of stock appreciation rights (see footnote 8).

3. Represent shares withheld to cover taxes due in connection with exercise of stock appreciation rights (see footnote 6).

4. The price reflects the weighted average of sales made at prices ranging from $14.00 to $14.42. The reporting person agrees to provide upon request by the Staff of the Securities and Exchange Commission, ANGI Homeservices or any security holder of ANGI Homeservices, information regarding the number of shares sold at each separate price.

5. The price reflects the weighted average of sales made at prices ranging from $14.35 to $14.40. The reporting person agrees to provide upon request by the Staff of the Securities and Exchange Commission, ANGI Homeservices or any security holder of ANGI Homeservices, information regarding the number of shares sold at each separate price.

6. The price reflects the weighted average of sales made at prices ranging from $14.03 to $14.41. The reporting person agrees to provide upon request by the Staff of the Securities and Exchange Commission, ANGI Homeservices or any security holder of ANGI Homeservices, information regarding the number of shares sold at each separate price.

7. The price reflects the weighted average of sales made at prices ranging from $13.80 to $14.00. The reporting person agrees to provide upon request by the Staff of the Securities and Exchange Commission, ANGI Homeservices or any security holder of ANGI Homeservices, information regarding the number of shares sold at each separate price.

8. Following the August 2020, 2020 exercise, represents 3,526,602 vested stock appreciation rights and 1,393,613 unvested stock appreciation rights that vest in one remaining installment on February 14, 2021. Following the August 21, 2020 exercise, represents 3,262,731 vested stock appreciation rights and 1,393,613 unvested stock appreciation rights that vest in one remaining installment on February 14, 2021.

	Tanya M. Stanich as Attorney-in-Fact for Craig M. Smith	08/24/2020
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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