Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On June 24, 2021, Angi Inc. ("Angi") announced that it had appointed Jeff Pedersen as Angi's Executive Vice President and Chief Financial Officer, effective July 19, 2021.

Mr. Pedersen, age 52, served as an Operating Partner at Stripes, a New York City
based firm that invests in software and consumer companies and helps them scale,
since July 2017. During his tenure at Stripes, Mr. Pedersen has played a key
role in new investments and provided financial support and guidance to certain
Stripes portfolio companies, including serving as interim Chief Financial
Officer for Stella & Chewy's, a pet food brand, and Udemy, an online learning
and teaching marketplace. From September 2014 to July 2017, Mr. Pedersen served
as Chief Financial Officer of Handy Technologies, Inc. ("Handy"), which was
acquired by Angi in October 2018. . Prior to his tenure at Handy, Mr. Pedersen
served as Head of Hardlines Finance at Amazon and led the financial strategy for
several lines of business at Dell. Mr. Pedersen holds a Master of Science in
Management, Finance from Purdue University and a Bachelor of Business from the
Iowa State University.

Compensatory Arrangements of Executive Vice President and Chief Financial Officer

In connection with Mr. Pedersen's appointment, on June 18, 2021, Angi and Mr. Pedersen entered into an employment agreement (the "Employment Agreement").



Term. The Employment Agreement has a scheduled term of one year from the
effective date of the Employment Agreement, which is July 19, 2021 and provides
for automatic renewals for successive one-year terms absent written notice from
Angi or Mr. Pedersen at least ninety (90) days prior to the expiration of the
then current term.

Compensation. The Employment Agreement provides that during the term, Mr. Pedersen will be eligible to receive an annual $500,000 base salary, discretionary annual cash bonuses, equity awards and such other employee benefits as may be reasonably determined by the Executive Compensation Committee of Angi's Board of Directors.



The Employment Agreement also provides that Mr. Pedersen will receive: (i)
restricted stock units under the Company's 2017 Stock and Annual Incentive Plan
(the "2017 Plan") that vest in four (4) equal installments on the first, second,
third and fourth anniversaries of the grant date (July 19, 2021), and (ii)
restricted stock units under the 2017 Plan with a grant date value of $1,500,000
that vest on the 18-month anniversary of the grant date (July 19, 2021), subject
to Mr. Pedersen's continued employment with Angi.

Severance. Upon a termination of Mr. Pedersen's employment by Angi without
"cause" (as defined in the Employment Agreement), Mr. Pedersen's resignation for
"good reason" (as defined in the Employment Agreement) or the timely delivery of
a non-renewal notice by Angi, subject to the execution and non-revocation of a
release of claims in favor of Angi and Mr. Pedersen's compliance with the
restrictive covenants set forth below:

(i) Angi will continue to pay Mr. Pedersen his annual base salary for one (1) year following such termination or resignation (the "Severance Period");



(ii) all unvested Angi equity awards (including cliff vesting awards, if any,
which shall be pro-rated as though such awards had an annual vesting schedule)
held by Mr. Pedersen that would have otherwise vested during the Severance
Period shall vest as of the date of termination.

Restrictive Covenants. Pursuant to the Employment Agreement, Mr. Pedersen is
bound by a covenant not to compete with Angi and its businesses during the term
of his employment and the Severance Period and by covenants not to solicit
Angi's employees or business partners during the term of his employment and for
twelve (12) months after such termination or resignation.

The foregoing description of the Employment Agreement, is qualified in its entirety by reference to the full text, copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated by reference herein.




Item 7.01 Regulation FD Disclosure.
On June 24, 2021, Angi issued a press release in connection with Mr. Pedersen's
appointment. The full text of the related press release, which appears in
Exhibit 99.1 hereto, is incorporated herein by reference.


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The information contained in this Item 7.01, including Exhibit 99.1, shall not
be deemed to be "filed" for purposes of Section 18 of the Exchange Act, or
otherwise subject to the liabilities of that section, and shall not be deemed to
be incorporated by reference into any of the Company's filings under the
Securities Act of 1933, as amended, or the Exchange Act, whether made before or
after the date hereof and regardless of any general incorporation language in
such filings, except to the extent expressly set forth by specific reference in
such a filing.


Item 9.01 Financial Statements and Exhibits.




      Exhibit No.                                           Description
         10.1                    Employment Agreement between Jeff Pedersen and Angi Inc., dated June
                               18, 2021.
         99.1                    Press release issued by Angi Inc. dated June 2    4    , 2021  .
          104                  Cover Page Interactive Data File (embedded within the Inline XBRL
                               document).








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