SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
October 28, 2021 (
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On October 22, 2021, Neil Salvage, President, LendingTree Marketplace (“we,” “us” or “the Company”), became a participant in the LendingTree Executive Severance Pay Plan (the “Plan”) as a Tier A executive in connection with the expiration of his employment agreement with the Company, such that in the event of certain terminations of employment from the Company he may become entitled to severance payments and benefits under the Plan. Mr. Salvage continues to serve as the President of LendingTree Marketplace.
The foregoing description of Mr. Salvage’s severance entitlements under the Plan is qualified in its entirety by reference to the full text of the Plan, a copy of which is filed as an exhibit to the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2020.
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|Date: October 28, 2021|
|By:||/s/ Lisa M. Young|
|Lisa M. Young|