Form 4: Vimeo Director Adam Gross Reports Acquisition of Share Units Under Deferred Compensation Plan

Director Adam Gross reports acquisition of 2,196.486 share units of Vimeo, Inc. under the 2021 Deferred Compensation Plan for Non-Employee Directors.

Summary

• On January 16, 2025, Adam Gross, a director of Vimeo, Inc., acquired 2,196.486 share units of Vimeo's common stock.
• The acquisition was made under the 2021 Vimeo, Inc. Deferred Compensation Plan for Non-Employee Directors.
• The price per share was $6.26.
• Following the transaction, Gross beneficially owns 281,060.995 shares of Vimeo's common stock, including share units, restricted stock units, and directly held shares.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction related to director compensation. There's no indication of positive or negative sentiment.

Positives

• The acquisition of share units by a director signals confidence in the company's future.

Industry Context

Directors receiving share units as part of compensation packages is a common practice in publicly traded companies.

Comparison to Industry Standards

• Director compensation packages vary widely across the industry, depending on company size, performance, and governance practices.
• Companies like Zoom, Dropbox, and similar SaaS businesses often use a mix of cash, stock options, and restricted stock units to compensate their directors.
• The specifics of Vimeo's deferred compensation plan would need to be compared to those of its peers to assess its competitiveness.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders.
• It reflects the company's ongoing compensation practices for its directors.

Key Dates