| Item 1. | |
| (a) | Name of issuer:
LendingTree, Inc. |
| (b) | Address of issuer's principal executive offices:
1415 Vantage Park Dr., Suite 700, Charlotte, North Carolina 28203. |
| Item 2. | |
| (a) | Name of person filing:
The names of the persons filing this Schedule 13G (collectively, the "Reporting Persons") are:
(1) Megan Greuling ("Greuling"), an individual and in her capacity as co-executor of the Estate of Douglas R. Lebda (the "Estate").
(2) Marion Brent Beason ("Beason"), an individual and in his capacity as (i) co-executor of the Estate and (ii) co-trustee of the DL GST Exempt Perpetual Trust u/a dated December 6, 2018 (the "DL Trust").
(3) Holdings.
(4) The Estate.
(5) Richard Balot ("Balot"), an individual and in his capacity as (i) manager of Lebda Family Holdings, LLC ("Holdings") and (ii) co-trustee of the DL Trust.
The Reporting Persons expressly disclaim status as a "group" for purposes of this Schedule 13G. |
| (b) | Address or principal business office or, if none, residence:
(1) Greuling's address is 1415 Vantage Park Dr., Suite 700, Charlotte, North Carolina 28203.
(2) Beason's address is 4521 Sharon Road, #225, Charlotte, North Carolina 28211.
(3) Holdings' address is 1415 Vantage Park Dr., Suite 700, Charlotte, North Carolina 28203.
(4) The Estate's address is 1415 Vantage Park Dr., Suite 700, Charlotte, North Carolina 28203.
(5) Balot's address is 9450 SW Gemini Dr., PMB #51149, Beaverton, OR 97008. |
| (c) | Citizenship:
Each of Greuling, Beason, Balot and the Estate is a United States citizen. Holdings is a Delaware limited liability company. |
| (d) | Title of class of securities:
Common Stock, $0.01 par value |
| (e) | CUSIP No.:
|
| Item 4. | Ownership |
| (a) | Amount beneficially owned:
(1) Greuling beneficially owns 673,272 shares of Common Stock, consisting of:
(i) 5,808 shares held by Grueling;
(ii) 2,652 shares issuable upon exercise of options to purchase Common Stock exercisable within 60 days of the date on the signature page hereto, which options are held by Grueling; and
(iii) the following shares as to which she shares voting and dispositive power in her capacity as co-executor of the Estate: (A) 7,614 shares held by the Estate; and (B) 657,198 shares issuable upon exercise of options to purchase Common Stock exercisable within 60 days of the date on the signature page hereto, which options are held directly by the Estate.
(2) Beason beneficially owns 720,312 shares of Common Stock, consisting of:
(i) 55,500 shares held by the DL Trust as to which he shares voting and dispositive power in his capacity as co-trustee of the Trust; and
(ii) the following shares as to which he shares voting and dispositive power in his capacity as co-executor of the Estate:
(A) 7,614 shares held by the Estate; and
(B) 657,198 shares issuable upon exercise of options to purchase Common Stock exercisable within 60 days of the date on the signature page hereto, which options are held directly by the Estate.
(3) Holdings beneficially owns 1,325,000 shares of Common Stock, all of which are held directly by Holdings.
(4) The Estate beneficially owns 664,812 shares of Common Stock, consisting of:
(i) 7,614 shares held by the Estate; and
(ii) 657,198 shares issuable upon exercise of options to purchase Common Stock exercisable within 60 days of the date on the signature page hereto, which options are held directly by the Estate.
(5) Balot beneficially owns 1,380,500 shares of Common Stock, consisting of:
(i) 1,325,000 shares held by Holdings as to which he has the sole voting and dispositive power in his capacity as its manager; and
(ii) 55,500 shares held by the DL Trust as to which he shares voting and dispositive power in his capacity as co-trustee of the Trust. |
| (b) | Percent of class:
Row 11 of each Reporting Person's cover page to this Schedule 13G sets forth the percentages of shares of Common Stock beneficially owned by such Reporting Person and is incorporated by reference. |
| (c) | Number of shares as to which the person has:
|
| | (i) Sole power to vote or to direct the vote:
Row 5 of each Reporting Person's cover page to this Schedule 13G sets forth the number of shares of Common Stock as to which the such Reporting Person has sole power to vote or to direct the vote of the shares of Common Stock beneficially owned by such Reporting Person and is incorporated by reference.
|
| | (ii) Shared power to vote or to direct the vote:
Row 6 of each Reporting Person's cover page to this Schedule 13G sets forth the number of shares of Common Stock as to which the such Reporting Person has shared power to vote or to direct the vote of the shares of Common Stock beneficially owned by such Reporting Person and is incorporated by reference.
|
| | (iii) Sole power to dispose or to direct the disposition of:
Row 7 of each Reporting Person's cover page to this Schedule 13G sets forth the number of shares of Common Stock as to which the such Reporting Person has sole power to dispose or to direct the disposition of the shares of Common Stock beneficially owned by such Reporting Person and is incorporated by reference.
|
| | (iv) Shared power to dispose or to direct the disposition of:
Row 8 of each Reporting Person's cover page to this Schedule 13G sets forth the number of shares of Common Stock as to which the such Reporting Person has shared power to dispose or to direct the disposition of the shares of Common Stock beneficially owned by such Reporting Person and is incorporated by reference.
|
| Item 5. | Ownership of 5 Percent or Less of a Class. |
| |
Not Applicable
|
| Item 6. | Ownership of more than 5 Percent on Behalf of Another Person. |
| |
Not Applicable
|
| Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. |
| |
Not Applicable
|
| Item 8. | Identification and Classification of Members of the Group. |
| |
Not Applicable
|
| Item 9. | Notice of Dissolution of Group. |
| |
Not Applicable
|
Rule 13d-1(b)
Rule 13d-1(c)