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Meeting Agenda and Board Recommendations
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Item
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to elect the nine Board nominees named in the accompanying proxy statement, each to hold office until the next succeeding annual meeting of stockholders or until such director’s successor shall have been duly elected and qualified (or, if earlier, such director’s removal or resignation from Vimeo’s Board);
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each nominee
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to ratify the appointment of Ernst & Young LLP as Vimeo’s independent registered public accounting firm for the 2025 fiscal year;
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to hold a non-binding advisory vote on the compensation of our named executive officers (the “say-on-pay” vote); and
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to transact such other business as may properly come before the meeting and any related adjournments or postponements.
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| PROXY SUMMARY | | | | | 1 | | |
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| PROPOSAL 1—ELECTION OF DIRECTORS | | | | | 10 | | |
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| CORPORATE GOVERNANCE | | | | | 19 | | |
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| AUDIT COMMITTEE MATTERS | | | | | 28 | | |
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| EXECUTIVE COMPENSATION | | | | | 34 | | |
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| DIRECTOR COMPENSATION | | | | | 62 | | |
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| OTHER MATTERS | | | | | 68 | | |
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| PROXY CARDS | | | | | | | |
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There are four ways to vote:
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BY INTERNET
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by Internet at www.proxyvote.com, 24 hours a day, seven days a week, until 11:59 p.m. Eastern Time on June 8, 2025 (have your Notice or proxy card in hand when you visit the website);
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BY PHONE
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by toll-free telephone until 11:59 p.m. Eastern Time on June 8, 2025 at 1-800-690-6903 (have your Notice or proxy card in hand when you call);
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BY MAIL
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by completing and mailing your proxy card so it is received prior to the Annual Meeting (if you received printed proxy materials); and
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AT THE VIRTUAL
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by attending and voting at the virtual Annual Meeting by visiting www.virtualshareholdermeeting.com/VMEO2025, where stockholders may vote and submit questions during the Annual Meeting (have your proxy card in hand when you visit the website).
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2025 Proxy Statement / 1
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Proposal
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The election of the nine director nominees named in this proxy statement
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| | | The Board recommends that our stockholders vote FOR EACH NOMINEE | |
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Proposal
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The ratification of the appointment of Ernst & Young LLP as Vimeo’s independent registered public accounting firm for our fiscal year ending December 31, 2025
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| | | The Board recommends that our stockholders vote FOR PROPOSAL 2 | |
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Proposal
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Non-binding advisory vote to approve the compensation of our named executive officers (“say-on-pay”)
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| | | The Board recommends that our stockholders vote FOR PROPOSAL 3 | |
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2 / 2025 Proxy Statement
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2025 Proxy Statement / 3
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4 / 2025 Proxy Statement
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Proposal
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Voting Options
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Votes Required to Adopt
Proposal |
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Effect of
Abstentions and Withhold Votes |
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Broker
Discretionary Voting Allowed?**** |
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| Election of directors | | | For or withhold on each nominee, or vote in favor of and withhold votes as to specific director nominees | | |
The election of each of Adam Gross, Lydia Jett, Mo Koyfman, Glenn H. Schiffman, Alexander von Furstenberg and Philip Moyer requires the affirmative vote of a plurality* of the votes cast by the holders of shares of Vimeo capital stock voting together as a single class**
The election of each of Adam Cahan, Jay Herratti, and Kirsten Kliphouse requires the affirmative vote of a plurality* of the votes cast by the holders of shares of Vimeo common stock voting as a separate class
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| | No effect | | | No | |
| Ratification of appointment of independent registered public accounting firm | | | For, against, or abstain | | | Majority of the voting power present at the Annual Meeting, voting together as a single class** | | | Abstentions are treated as shares present and entitled to vote and, as a result, have the same effect as a vote against | | | Yes | |
| Advisory approval*** of the compensation of our named executive officers | | | For, against, or abstain | | | Majority of the voting power present at the Annual Meeting, voting together as a single class** | | | Abstentions are treated as shares present and entitled to vote and, as a result, have the same effect as a vote against | | | No | |
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2025 Proxy Statement / 5
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6 / 2025 Proxy Statement
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2025 Proxy Statement / 7
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8 / 2025 Proxy Statement
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2025 Proxy Statement / 9
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Proposal
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The election of all director nominees
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10 / 2025 Proxy Statement
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Adam Cahan
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New Director Nominee
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| Age 53 | | |
Biography
Adam Cahan is a senior technology executive with over 25 years in the media technology and telecommunications industries. He most recently served as the Chief Executive Officer for PAX, a technology-based consumer packed goods company in the health and wellbeing industry. He also served as a director on the supervisory board for ProSiebenSat.1 Media, one of Europe’s largest media companies. Previously, Mr. Cahan served as a Senior Vice President, Mobile, Video & Emerging Products at Yahoo, a media and technology company. Mr. Cahan joined Yahoo with the acquisition of IntoNow, a consumer technology company, where he was the Founder and Chief Executive Officer. Prior to creating IntoNow, he was the Chief Executive Officer of Auditude, a video SaaS business, which was later acquired by Adobe. Previously, Mr. Cahan served as Executive Vice President, Strategy and Business Operations at MTV Networks, a television programming services company, and held leadership roles at Google, McKinsey & Company and NBC Universal. Mr. Cahan started his career as an associate producer and wildlife filmmaker for National Geographic Television, based in Zaire, Africa. He holds an undergraduate degree from Brown University and an MBA from Columbia Business School.
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Core Competencies and Qualifications
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FINANCE
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ARTIFICIAL
INTELLIGENCE |
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GOVERNANCE |
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COMPENSATION
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Mr. Cahan’s expertise in product-led growth, extensive background in technology, media and telecommunications, and his leadership expertise, including as a chief executive officer, qualify him to serve on our Board.
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2025 Proxy Statement / 11
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Adam Gross
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Director since May 2021
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Age 53
Committees Compensation and Human Capital Management |
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Biography
Adam Gross has served as a member of our Board since May 2021, and served as our Interim Chief Executive Officer from September 1, 2023 through April 8, 2024. Mr. Gross has served as an advisor to (and has invested in) a variety of technology companies, including software companies such as Cypress.io (a provider of front-end testing tools built for use by developers and quality assurance engineers when testing modern applications), Pantheon (a hosting and WebOps platform through which teams can build, host and manage their websites) and Mattermost (a leading open source collaboration platform), since January 2011. From November 2013 to March 2018, Mr. Gross served in various capacities at Salesforce.com, a cloud-based software company, including most recently as Chief Executive Officer of Heroku, a Salesforce.com subsidiary that provides a platform as a service (PaaS) that enables developers to build, run and operate applications entirely in the cloud, and prior to that time, served in various executive marketing and product leadership roles at Salesforce.com. Prior to his time at Salesforce.com, Mr. Gross served as the Chief Executive Officer of Cloudconnect.com, a cloud platform that he co-founded, from January 2012 to November 2013. Prior to his time at Cloudconnect.com, Mr. Gross served in various executive marketing and product leadership roles at Dropbox, a file hosting service, as well as founded certain start-up companies in the technology sector. In addition to his for-profit affiliations, Mr. Gross previously served as chairman of the board of directors of Democracy Works, Inc., a non-partisan organization dedicated to providing the tools, information and support needed to help Americans vote no matter what, until September 2022, and currently serves as a board member of both Reboot, a non-profit arts and culture organization and BuildKite, Inc., a continuous integration and continuous development platform.
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Core Competencies and Qualifications
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FINANCE
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INFORMATION
SECURITY AND DATA PRIVACY |
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CYBERSECURITY
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INTELLIGENCE |
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CORPORATE
GOVERNANCE |
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Mr. Gross’ extensive experience in the technology sector, as well as his leadership and product expertise, qualify him to serve on our Board.
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12 / 2025 Proxy Statement
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Lydia Jett
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New Director Nominee
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| Age 44 | | |
Biography
Lydia Jett was a Founding Partner and Managing Partner, Head of Consumer Internet and eCommerce sectors of Softbank Investment Advisors. Over two decades, Ms. Jett has invested in and served on the boards of market leading technology businesses, working with several of the most significant consumer platforms across the globe. Ms. Jett led investments into and represented Softbank on the board of directors of the firm’s global eCommerce investments including: Coupang (NYSE: CPNG), Fanatics, Flipkart, GoTo (IDX: GoTo). Additionally, Ms. Jett has led investments and served on the Board of Directors of Andela, Embark, Klook, LTK and Weee! Prior to launching SBIA, Ms. Jett was a senior member of the investment team at Softbank Group, where she led investments into Guardant Health (Nasdaq: GH), 10X Genomics (Nasdaq: TXG) and Fetch Robotics. Ms. Jett served as member of the boards of directors of Coupang (NYSE: CPNG), Fanatics and Ozon (Nasdaq: Ozon). Ms. Jett is a visiting lecturer at Stanford, teaching Entrepreneurial Finance and is a member of YPO LA. She is a graduate of the Stanford Graduate School of Business, Smith College and the London School of Economics and Political Science.
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Core Competencies and Qualifications
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ACCOUNTING
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FINANCE
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ARTIFICIAL
INTELLIGENCE |
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CORPORATE GOVERNANCE
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COMPENSATION
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Ms. Jett’s extensive business experience in the consumer technology industry, particularly with respect to finance and global strategy, qualify her to serve on our Board.
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Jay Herratti
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Director since December 2021
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Age 58
Committees Audit |
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Biography
Jay Herratti has served as a member of our Board since December 2021. Mr. Herratti is CEO & Executive Director of TED Conferences LLC, a not-for-profit conference and digital media organization. He joined TED in 2014, initially serving as Executive Director of TEDx, and then as CEO of TED since April 2021. Prior to TED, Mr. Herratti held leadership positions at IAC between 2004 to 2012, specifically, CEO of CityGrid Media (2007-2012), SVP Strategic Planning (2005-2007), and SVP Strategy and Business Development for HSN and Electronic Retailing (2004-2005). Prior to that he held senior level positions at Federated Department Stores, The Boston Consulting Group, and GE Capital. Since January 2023, Mr. Herratti has served as a member of the board of directors of West Monroe Partners LLC, a digital services firm. Between 2012 and 2019, Mr. Herratti served as a member of the board of directors of Nutrisystem, Inc., a publicly-traded provider of weight management products and services (2013-2019), and as a member of the board of directors of Constant Contact, Inc., a SaaS email marketing company (2012-2018).
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Core Competencies and Qualifications
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RISK MANAGEMENT/
ASSESSMENT |
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INFORMATION SECURITY AND
DATA PRIVACY |
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ARTIFICIAL
INTELLIGENCE |
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ENVIRONMENT/
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CORPORATE GOVERNANCE
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Mr. Herratti’s extensive leadership expertise, including as a chief executive officer, and his experience advising public companies on corporate matters, qualify him to serve on our Board.
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2025 Proxy Statement / 13
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Kirsten Kliphouse
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New Director Nominee
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| Age 58 | | |
Biography
Kirsten Kliphouse served as President of Google Cloud Americas, where she was responsible for leading and growing the sales, go-to-market, customer engagement, channel, and services organizations, from March 2022 until her retirement in July 2023. At Google Cloud, she also served as the Global Chair of the Aspiring Leadership Academy and Women@GoogleCloud. From July 2019 until March 2022, Ms. Kliphouse served as President of the North American division of Google Cloud. Ms. Kliphouse has also served as a member of the audit committees and boards of directors of Labcorp Holdings Inc. (NYSE: LH) since October 2022 and Dun & Bradstreet Holdings, Inc. (NYSE: DNB) since July 2023, and has served on the technology committee and board of directors of Global Payments, Inc. (NYSE: GPN) since October 2023. Prior to Google Cloud, Ms. Kliphouse was Senior Vice President at Red Hat, Inc., a subsidiary of International Business Machines Corporation, from January 2018 to June 2019; Chief Executive Officer of Yardarm Technologies, a hardware and software solutions company, from February 2017 to December 2017; and founder and Chief Executive Officer of Scaling Ventures, a technology investment and advisory firm. Prior to her position at Yardarm, Ms. Kliphouse spent more than 25 years at Microsoft, Inc., where she was part of the executive leadership team and held numerous executive positions in Enterprise Sales, Original Equipment Manufacturers (OEM), Partner and Channels, and as Corporate Vice President of Customer Support, Success and Professional Services, during which she led more than 10,000 employees globally. Ms. Kliphouse is a recipient of the Microsoft Founders Award for her superior leadership and contributions to the business. Ms. Kliphouse holds a degree in Computer Information Sciences and Business from Muhlenberg College.
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Core Competencies and Qualifications
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ACCOUNTING
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FINANCE
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INFORMATION SECURITY AND
DATA PRIVACY |
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CYBERSECURITY
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ARTIFICIAL
INTELLIGENCE |
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ENVIRONMENT/
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COMPENSATION
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Ms. Kliphouse’s extensive knowledge of technology, information security, and data privacy matters, as well as leadership experience at several of the largest global organizations and deep knowledge of enterprise businesses, qualify her to serve on our Board.
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14 / 2025 Proxy Statement
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Mo Koyfman
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Director since May 2021
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Age 47
Committees Compensation and Human Capital Management,
Nominating and
Corporate Governance |
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Biography
Mo Koyfman has served as a member of our Board since May 2021. Mr. Koyfman is the Founder and General Partner of Shine Capital, an early-stage venture capital firm that partners with entrepreneurs to create iconic businesses. Mr. Koyfman has also served as a Managing Member of MOKO Brands, an investment company that he founded, since January 2017. Prior to that time, Mr. Koyfman served as a General Partner of Spark Capital, a global venture capital firm, from September 2008 to May 2016, and as Chief Operating Officer of Connected Ventures, a former subsidiary of IAC that primarily operated CollegeHumor.com (a comedy content website), BustedTees.com (an eCommerce business) and Vimeo, from August 2007 to March 2008. Mr. Koyfman previously held various positions on IAC’s mergers and acquisitions and business development teams from February 2002 to August 2007, during which time he led IAC’s acquisition of a controlling stake in Connected Ventures (which then included Vimeo) in December 2006. Prior to joining IAC, Mr. Koyfman served as an investment banker at Bear Stearns from July 2000 to February 2002. In addition to his for-profit affiliations, Mr. Koyfman has served as a founding board member of Sefaria (an organization dedicated to building the future of Jewish learning in an open and participatory way) since January 2013, and also serves on the Future Leadership Council of the Whitney Museum of American Art.
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Core Competencies and Qualifications
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COMPENSATION
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Mr. Koyfman’s private equity experience and extensive corporate development, mergers and acquisitions and investment experience, as well as his experience working with Vimeo during his time at IAC, qualify him to serve on our Board.
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2025 Proxy Statement / 15
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Glenn H. Schiffman
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Director since May 2021
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| Age 55 | | |
Biography
Glenn H. Schiffman has served as a member of our Board since May 2021 and as chairman of our Board since March 2023. Mr. Schiffman has served as Executive Vice President and Chief Financial Officer of Fanatics, Inc., a global digital sports platform, since August 2021. As Chief Financial Officer of Fanatics, Mr. Schiffman is responsible for a broad set of financial and corporate functions across the entire Fanatics global enterprise including corporate finance, M&A, treasury, financial planning and analysis, investor relations, accounting, information security, human resources, legal and corporate administration. Prior to his appointment at Fanatics, Mr. Schiffman served as EVP & CFO of IAC/InterActiveCorp from April 2016 to August 2021 and as Chief Financial Officer of Angi (formerly known as ANGI Homeservices Inc.) from September 2017 until August 2019 and from February 2021 until July 2021. Prior to his appointment at IAC, Mr. Schiffman served as Senior Managing Director at Guggenheim Securities, the investment banking and capital markets business of Guggenheim Partners, since March 2013. Prior to his tenure at Guggenheim Securities, Mr. Schiffman was a partner at The Raine Group, a merchant bank focused on advising and investing in the technology, media and telecommunications industries, from September 2011 to March 2013. Prior to joining The Raine Group, Mr. Schiffman served as Co-Head of the Global Media group at Lehman Brothers from 2005 to 2007 and Head of Investment Banking Asia-Pacific at Lehman Brothers (and subsequently Nomura) from April 2007 to January 2010, as well as Head of Investment Banking, Americas from January 2010 to April 2011 for Nomura. Mr. Schiffman’s roles at Nomura followed Nomura’s acquisition of Lehman’s Asia business in 2008. Mr. Schiffman serves on the Audit Committee and Board of Directors of Match Group (NASDAQ: MTCH), as well as the Board of Directors of Angi (NASDAQ: ANGI). He is a member of the National Committee on United States-China Relations and a member of the Duke Children’s National Leadership Council. In Mr. Schiffman’s philanthropic efforts he focuses on endowing organizations and funding initiatives with permanent capital to make lasting change. He founded and is Chairman of the Valerie Fund Endowment, which supports children with cancer and blood disorders, created an Endowment at the Duke Medical Center to research and hopefully someday cure pediatric cancer, created an Endowment at Washington & Lee to support Women’s Athletics and created an Endowment at Duke University to fund scholarships for athletes from underrepresented communities. Mr. Schiffman has a degree in economics and history from Duke University. He was named Institutional Investor’s CFO of the Year for the Midcap Internet Sector in 2018 and 2021.
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Core Competencies and Qualifications
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ACCOUNTING
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FINANCE
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INFORMATION SECURITY AND
DATA PRIVACY |
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CYBERSECURITY
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Mr. Schiffman’s extensive knowledge of Vimeo’s business and history through his experience as Chief Financial Officer of IAC (in which capacity he also had certain risk oversight duties that give him particular insight into risk management), his high level of financial literacy and expertise regarding mergers, acquisitions, investments and other strategic transactions, his information security oversight duties at both IAC and Fanatics, which gives him particular insight into information security risks and trends, as well as his investment banking experience, which gives him particular insight into trends in capital markets and the technology and media industries, qualify him to serve on our Board.
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16 / 2025 Proxy Statement
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Alexander von Furstenberg
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Director since June 2023
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| Age 55 | | |
Biography
Alexander von Furstenberg has served as a member of our Board since June 2023. Mr. von Furstenberg currently serves as Chief Investment Officer of Ranger Global Advisors, LLC, a family office focused on value-based investing (“Ranger”), which he founded in June 2011. Prior to founding Ranger, Mr. von Furstenberg founded Arrow Capital Management, LLC, a private investment firm focused on global public equities, where he served as Co-Managing Member and Chief Investment Officer from 2003 to 2011. Mr. von Furstenberg has served as a member of the board of directors of IAC since 2008 and of Expedia Group, Inc. since December 2015. Mr. von Furstenberg joined the board of directors of Giovanni Agnelli B.V. (an Italian holding company with majority stake in Exor) in May 2023. Mr. von Furstenberg previously served on the board of directors of Liberty Expedia Holdings, Inc. from November 2016 to July 2019, when the company was acquired by Expedia Group, Inc. He also served on the board of La Scogliera (an Italian financial holding company with majority stake in Banca Ifis) from December 2016 to August 2020. Since 2001, he has acted as Chief Investment Officer of Arrow Finance, LLC (formerly known as Arrow Investments, Inc.), the private investment office that serves his family. Mr. von Furstenberg also serves as a partner and Co-Chairman of Diane von Furstenberg Studio, LLC. In addition to his for-profit affiliations, Mr. von Furstenberg serves as a director of The Diller-von Furstenberg Family Foundation and as a member of the board of directors of Friends of the High Line. He is responsible for creating CSET (Center for Security and Emerging Technology), and focused on sponsoring the RSFAA (Retirement Savings for American’s Act) to help create wealth for all Americans.
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Core Competencies and Qualifications
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FINANCE
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Mr. von Furstenberg’s experience in private investment and public board membership gives him particular insight into capital markets and investment strategy, as well as a high level of financial literacy, and qualifies him to serve on our Board. Mr. von Furstenberg is the stepson of Mr. Diller, the Chairman and Senior Executive of IAC and the holder of all of the outstanding shares of our Class B common stock.
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2025 Proxy Statement / 17
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Philip Moyer
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Director since April 2024
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Age 59
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Biography
Philip Moyer has served as our Chief Executive Officer and a member of our Board since April 2024. Prior to joining Vimeo, Mr. Moyer served as Global VP of Applied AI Engineering and Business Development and VP of Strategic Industries, Google Cloud, a division of Alphabet Inc., a role he held since July 2019. Prior to Alphabet, Mr. Moyer was Director of Financial Services at Amazon Web Services, a division of Amazon.com, Inc, where he managed Banking, Capital Markets, Insurance and Payments. He previously managed a Venture Capital portfolio in FinTech, Healthtech, and MarTech at Safeguard Scientifics, Inc., a public venture development company. Additionally, Mr. Moyer was CEO of two financial technology companies, EDGAR Online, Inc., a provider of financial data, analytics and disclosure management solutions, and Cassiopae, S.A., a French software company in the commercial banking market. He spent 15 years at Microsoft Corp., a global technology company, where he managed global customer teams, industry teams and services organizations. Mr. Moyer has a Computer Science degree from the University of Pittsburgh and started his career as a software engineer for nuclear submarines at GE Aerospace, a division of General Electric Company.
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Core Competencies and Qualifications
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FINANCE
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RISK MANAGEMENT/
ASSESSMENT |
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INFORMATION SECURITY AND
DATA PRIVACY |
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CYBERSECURITY
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ARTIFICIAL
INTELLIGENCE |
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CORPORATE
GOVERNANCE |
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COMPENSATION
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●
Mr. Moyer’s extensive experience in the technology sector and his leadership expertise, including as a chief executive officer, as well as his deep knowledge of the Vimeo business, qualify him to serve on our Board.
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18 / 2025 Proxy Statement
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2025 Proxy Statement / 19
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ROLE
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KEY RESPONSIBILITIES AND DUTIES
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| Non-Executive Chair | | |
●
Presides at all Board meetings, annual stockholder meetings and special stockholder meetings.
●
Guides discussions at any Board meetings.
●
Fosters open and collegial discussion amongst all Board members, and with management as applicable.
●
Monitors the Board’s receipt of information from Board committees and management.
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Acts as a source of institutional knowledge to both the Board and management.
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| Chief Executive Officer | | |
●
Leads the development of our business and strategies, both short and long-term.
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Sets meaningful and measurable operating and strategic goals for the Company.
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Builds and guides a highly capable and dynamic management team.
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Serves as a primary interface between management and the Board, providing regular updates and information to the Board on key issues and business developments.
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Along with management team, anticipates and mitigates potential risks to the Company, helping to ensure that they are identified, monitored and reported to the Board or applicable Board committee.
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Represents the face of the Company to its stockholders.
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20 / 2025 Proxy Statement
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2025 Proxy Statement / 21
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22 / 2025 Proxy Statement
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Audit
Committee(4) |
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Compensation and
Human Capital Management Committee(5) |
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Nominating and
Corporate Governance Committee(5) |
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ALESIA J. HAAS(1)(2)
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JAY HERRATTI(2)(3)
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IDA KANE(1)(2)
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MO KOYFMAN(2)
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ALEXANDER VON FURSTENBERG
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GLENN H. SCHIFFMAN(2)
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ADAM GROSS(2)(3)
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Number of Meetings
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4
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5
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1
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2025 Proxy Statement / 23
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Alesia J. Haas
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●
Upon election to our Board, Ms. Jett and Mr. Cahan will join the Audit Committee in place of Mses. Haas and Kane, with Ms. Jett serving as Chair.
●
The Audit Committee functions pursuant to a written charter adopted by the Board, the most recent version of which is available on the Governance portion of our website at https://investors.vimeo.com/governance/documents.
●
Our Board has determined that each of Messrs. Herratti and Cahan and Ms. Jett are independent directors under the Marketplace Rules and the additional independence standards applicable to audit committee members established pursuant to Rule 10A-3 under the Securities Exchange Act of 1934, as amended (the “Exchange Act”).
●
The Board has concluded that Ms. Jett qualifies as an “audit committee financial expert,” as such term is defined in applicable SEC rules and the Marketplace Rules.
●
Our Board had previously determined that Alesia J. Haas and Ida Kane, who are not standing for re-election at the Annual Meeting, also satisfied the additional independence standards applicable to audit committee members under the Exchange Act, and each qualified as an “audit committee financial expert,” as such term is defined in applicable SEC rules and the Marketplace Rules.
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Ida Kane
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Jay Herratti
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The Audit Committee is appointed by the Board to assist the Board in monitoring:
●
the integrity of our financial statements
●
the effectiveness of our internal control over financial reporting
●
the qualifications, performance and independence of our independent registered public accounting firm
●
the performance of our internal audit function
●
our risk assessment and risk management policies as they relate to financial and other risk exposures and
●
our compliance with legal and regulatory requirements.
In fulfilling its purpose, the Audit Committee maintains free and open communication among its members, the Company’s independent registered public accounting firm, the Company’s internal audit function and Company management. The formal report of the Audit Committee is set forth on page 27.
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24 / 2025 Proxy Statement
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Mo Koyfman
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●
Upon election to our Board, Mr. Cahan will join the Compensation and Human Capital Management Committee.
●
The Compensation and Human Capital Management Committee functions pursuant to a written charter adopted by the Board, the most recent version of which is available on the Governance portion of our website at https://investors.vimeo.com/
governance/documents.
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Adam Gross
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The Compensation and Human Capital Management Committee is appointed by the Board to discharge the Board’s responsibilities relating to the compensation of non-employee directors and executive officers and has overall responsibility for approving and evaluating all compensation plans, policies and programs of Vimeo as they affect Vimeo’s executive officers and non-employee directors. Additionally, the Compensation and Human Capital Management Committee is responsible for overseeing Vimeo’s culture and human capital management. The Compensation and Human Capital Management Committee may form and delegate authority to subcommittees consisting of one or more of its members. The Compensation and Human Capital Management Committee may also delegate to one or more of the Company’s executive officers the authority to make grants of awards of equity-based compensation to eligible individuals (other than directors or executive officers) and has done so. In 2024, the Compensation and Human Capital Management Committee engaged Semler Brossy Consulting Group LLC (“Semler Brossy”) to serve as its compensation consultant and to review and advise on the principal aspects of the Company’s executive compensation program. The executive compensation services of Semler Brossy in 2024 included, among other things, advising as to equity compensation program philosophy, providing recommendations regarding the selection of compensation peer group companies, analyzing publicly available compensation data of peer group companies, compensation survey data, and other publicly available data to assess the competitive market for executive talent, and reviewing and advising on the target total direct compensation opportunities for our executive officers. In compliance with the disclosure requirements of the SEC regarding the independence of compensation consultants, the Compensation and Human Capital Management Committee has assessed each of the six independence factors established by the SEC and adopted by Nasdaq, and has determined that the engagement of, and work performed by, Semler Brossy does not raise any conflicts of interest or similar concerns. Semler Brossy reports directly to the Compensation and Human Capital Management Committee and does not provide any non-compensation related services to the Company. Semler Brossy attends certain Compensation and Human Capital Management Committee meetings, executive sessions and preparatory meetings with the Committee Chair and certain executive officers, as requested by the Compensation and Human Capital Management Committee. For additional information on our processes and procedures for the consideration and determination of executive compensation and the related roles of the Compensation and Human Capital Management Committee, Company management and consultants, see the “Executive Compensation—Compensation Discussion and Analysis” beginning on page 33. The formal report of the Compensation and Human Capital Management Committee is set forth under Compensation and Human Capital Management Committee Report.
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2025 Proxy Statement / 25
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Alesia J. Haas
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●
Upon election to our Board, Ms. Kliphouse will join the Nominating and Corporate Governance Committee in place of Ms. Haas.
●
The Nominating and Corporate Governance Committee functions pursuant to a written charter adopted by the Board, the most recent version of which is available on the Governance portion of our website at https://investors.vimeo.com/
governance/documents.
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Mo Koyfman
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The Nominating and Corporate Governance Committee is appointed by the Board to identify and evaluate individuals qualified to become Board members, to recommend to the Board director nominees for the next annual meeting of stockholders or special meeting of stockholders at which directors are to be elected (and nominees to fill vacancies on the Board, as necessary), and to assist the Board in overseeing any Vimeo program relating to corporate responsibility and sustainability.
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26 / 2025 Proxy Statement
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Proposal
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|
The ratification of the appointment of Ernst & Young as Vimeo’s independent registered public accounting firm for the fiscal year ending December 31, 2025
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| | |
The Board recommends that our stockholders vote FOR PROPOSAL 2
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2025 Proxy Statement / 27
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28 / 2025 Proxy Statement
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| | | |
2024
|
| |
2023
|
| ||||||
| Audit Fees | | | | $ | 2,006,848(1) | | | | | $ | 1,744,000(2) | | |
| Audit-Related Fees | | | | $ | — | | | | | $ | — | | |
|
Total Audit and Audit-Related Fees
|
| | | $ | 2,006,848 | | | | | $ | 1,744,000 | | |
| Tax Fees | | | | $ | — | | | | | $ | — | | |
|
Total Fees
|
| | | $ | 2,006,848 | | | | | $ | 1,744,000 | | |
| All Other Fees | | | | $ | — | | | | | $ | — | | |
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2025 Proxy Statement / 29
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Proposal
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| | | | | |
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The advisory vote on the compensation of our named executive officers
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| | |
The Board recommends that our stockholders vote FOR PROPOSAL 3
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30 / 2025 Proxy Statement
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|
Gillian Munson
|
| ||||||||||||||||
|
Age 54
Position Chief Financial Officer |
| | Gillian Munson has served as our Chief Financial Officer since April 2022. Prior to joining Vimeo, Ms. Munson served as the Chief Financial Officer of Iora Health, Inc., a healthcare company, from January 2021 to March 2022, and as a Venture Partner at Union Square Ventures from 2019 to 2022. From 2013 to 2019, she served as Chief Financial Officer of XO Group Inc., the parent company of The Knot Inc., a media and technology company. Ms. Munson’s previous positions include Managing Director at Allen & Company LLC, Vice President, Business Development at Symbol Technologies, LLC, and both Executive Director and Senior Equity Analyst at Morgan Stanley. Ms. Munson has served on the board of directors of Duolingo, Inc., a publicly-traded language learning company, since September 2019, on the board of directors of Phreesia, Inc., a publicly-traded software company, since May 2019, and on the board of trustees of Southern Vermont Art Center, a multidisciplinary arts organization, since February 2024. She previously served on the board of directors of Monster Worldwide, Inc. Ms. Munson holds a B.A. in Political Science and Economics from the Colorado College. | |
|
Javier Ortega Estrada
|
| ||||||||||||||||
|
Age 38
Position Chief Revenue Officer |
| | Javier Ortega Estrada has served as our Chief Revenue Officer since January 2025. Prior to joining Vimeo, Mr. Ortega Estrada served as Chief Revenue Officer at Veriff, an AI-powered identity verification platform for fraud prevention, where he led the company’s go-to-market strategy, and oversaw global revenue and marketing organizations. He also previously held roles as Chief Sales Officer at Hopin, Head of Sales—Americas at Dropbox, Senior Strategy Consultant at Capgemini Invent, and Management Consultant at PwC. Mr. Ortega Estrada holds a bachelor’s degree in Economics from Universidad Charles III de Madrid, a Master of Science in International Business from the Rotterdam School of Management at Erasmus University, an MBA from EOI Business School, and a business degree from INSEAD. | |
|
Bob Petrocelli
|
| ||||||||||||||||
|
Age 59
Position Chief Product and Technology Officer |
| | Bob Petrocelli has served as our Chief Product and Technology Officer since September 2024. Prior to joining Vimeo, he served as Chief Technology Officer at Pluralsight. Prior to that, Mr. Petrocelli held CTO positions at Intelerad Medical Systems and Datto. Earlier in his career, Mr. Petrocelli founded GreenBytes, which Oracle acquired in 2014. He also began his career as co-founder and CEO of Heartlab, a cardiac image and information management company, while a Computer Science doctoral student at Brown University. Heartlab was acquired by Agfa-Gevaert in 2005. Mr. Petrocelli holds a bachelor of science in Physics and a master of science degree in Computer Science from the University of Rhode Island, where he was also an Office of Naval Research Undergraduate Fellow in Physical Oceanography. | |
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2025 Proxy Statement / 31
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|
|
Jessica Tracy
|
| ||||||||||||||||
|
Age 36
Position General Counsel & Secretary |
| | Jessica Tracy has served as our General Counsel & Secretary since February 2024. Ms. Tracy joined Vimeo in February 2021 and initially served as Vice President, Associate General Counsel—Securities & Governance until January 2023, when she was promoted to Acting Co-General Counsel. In June 2023, Ms. Tracy was promoted to Senior Vice President, Interim General Counsel & Secretary, and served in that role until February 2024. Prior to joining Vimeo, Ms. Tracy served as Senior Corporate Counsel at Criteo SA, an advertising technology company, from September 2019 to February 2021. Prior to that, Ms. Tracy was an associate at Ropes & Gray LLP, an international law firm. Ms. Tracy holds a B.A. in Philosophy from the University of Maryland and a J.D. from Washington & Lee University. | |
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32 / 2025 Proxy Statement
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2025 Proxy Statement / 33
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34 / 2025 Proxy Statement
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Philosophy and Objectives
|
| |
| |
Our executive compensation program is designed to increase long-term stockholder value by attracting, retaining, motivating and rewarding leaders with the competence, character, experience and ambition necessary to enable us to meet our growth objectives.
Although we are a publicly traded company, we work to foster an entrepreneurial culture, and, within that culture, attract senior executives with entrepreneurial backgrounds, attitudes and aspirations. Accordingly, when working to recruit and retain executive officers, as well as other executives who may become executive officers at a later time, we compete not only with other public companies, but also with earlier stage companies, companies funded by private equity and venture capital and other professional firms. We structure our executive compensation program so that we can compete in this varied marketplace for talent, with an emphasis on variable, contingent compensation and long-term equity ownership. Vimeo has a unique position as an innovative, start-to-finish video platform working to change the way the world interacts with video. Vimeo, even as a public company, has many start-up-like tendencies. Because of this unique position, we aim to take a flexible approach to executive compensation.
When establishing a compensation package for a given executive, we follow a flexible approach and make decisions based on a number of factors particular to a given executive’s situation, including our firsthand experience with the competition for recruiting and retaining executives, negotiation and discussion with the relevant individual, competitive survey data, internal pay comparability considerations and other factors we deem relevant at the time.
In line with our flexible approach, we refrain from using an arithmetic method for determining compensation levels and evaluating performance. Such methods frequently overlook the various factors influencing success at both the individual and the business level. Our objectives may change in priority as the competitive and strategic landscapes evolve, even within a single compensation cycle. Consequently, rigid formulaic approaches often lead to over- or under-compensation. Hence, we have historically steered clear of strict formulas, opting instead for a predominantly discretionary approach to compensation practices.
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2025 Proxy Statement / 35
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36 / 2025 Proxy Statement
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WHAT WE DO:
|
| |
WHAT WE DO NOT DO:
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|
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Maintain a clawback policy
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Maintain stock ownership guidelines
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Maintain a Compensation and Human Capital Management Committee comprised entirely of independent directors
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Retain an independent compensation consultant
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Hold an annual say-on-pay vote
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No “single-trigger” change in control arrangements for our executive officers
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No tax gross-ups on severance or change in control payments in employee agreements
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No special executive welfare or health benefits, or retirement plans not available to our employees generally
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No hedging or pledging of our stock
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No discounted stock options or SARs
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No option repricing without stockholder consent
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2025 Proxy Statement / 37
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|
| | Our 2024 peer group, which was considered in determining 2024 NEO compensation and our non-employee director compensation program for 2024, included the following companies: | | | ||||
| |
●
Alteryx, Inc.
●
AppFolio, Inc.
●
BigCommerce Holdings, Inc.
●
Box, Inc.
●
Brightcove Inc.
●
Bumble, Inc.
●
Domo, Inc.
●
Eventbrite, Inc.
|
| | |
●
Getty Images Holdings, Inc.
●
New Relic, Inc.
●
PagerDuty, Inc.
●
Smartsheet Inc.
●
Workiva Inc.
●
Yext, Inc.
●
Zuora, Inc.
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38 / 2025 Proxy Statement
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Named Executive Officer
|
| |
2024 Annual Base Salary ($)
|
| |||
| Philip Moyer | | | | | 600,000 | | |
| Adam Gross(1) | | | | | 600,000 | | |
| Gillian Munson | | | | | 400,000 | | |
| Jessica Tracy | | | | | 350,000 | | |
| Bob Petrocelli | | | | | 500,000 | | |
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2025 Proxy Statement / 39
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NAME AND TITLE
|
| |
2024 TARGET
BONUSES |
| |
2024 ACTUAL
BONUSES PAID |
| |
CONSIDERATIONS OF THE COMMITTEE AND RESULTS OF
PERFORMANCE MEASURES |
|
|
Philip Moyer
Chief Executive Officer (from April 8, 2024)
|
| |
●
Discretionary: 100% to 200% of base salary with a target of between $600,000 and $1,200,000 (prorated to start date in 2024)
|
| |
●
Discretionary: $1,200,000 (200% of base salary, no proration)
●
Sign On Bonus: $300,000
|
| |
●
The Company’s overall 2024 performance, as well as Mr. Moyer’s significant personal performance including leadership and redesign of Company strategy, stockholder value creation, and driving a culture of high performance.
|
|
|
Adam Gross
Former Interim Chief Executive Officer (from September 1, 2023 through April 8, 2024)
|
| |
●
Discretionary: $3,090,909 (prorated for time served from January 1, 2024 through April 8, 2024, with a target of $836,066)
|
| |
●
Discretionary: $836,066
●
Special Board Advisory Fee: $90,000
|
| |
●
With respect to the discretionary bonus, the Committee considered Mr. Gross’ service as Interim Chief Executive Officer and significant effort in leading the Company through a transition period; and
●
With respect to the special board advisory fee, the Committee considered Mr. Gross’ additional Board advisory and transition oversight services in connection with Mr. Moyer’s onboarding to the Company, from April 8, 2024 through June 1, 2024.
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Gillian Munson
Chief Financial Officer
|
| |
●
Discretionary: 80% of base salary with a target of $320,000
|
| |
●
Discretionary: $448,000 (140% of target)
●
Supplemental: $160,000
●
Special Board Bonus: $375,000(1)
|
| |
●
Ms. Munson’s role as Chief Financial Officer, including her management of our finance and investor relations functions;
●
Ms. Munson’s overall Company leadership and contribution to Company success, including significant increased leadership responsibilities during the Chief Executive Officer transition period; and
●
the Company’s 2024 financial results, particularly outperformance on all major metrics, including bookings, revenue, and Adjusted EBITDA.
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Jessica Tracy
General Counsel & Secretary
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| |
●
Discretionary: 60% of base salary with a target of $210,000
|
| |
●
Discretionary: $294,000 (140% of target)
●
Supplemental: $105,000
|
| |
●
The Company’s overall 2024 performance, as well as Ms. Tracy’s individual performance including leadership during a transition period and contributions to the business’s success.
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Bob Petrocelli
Chief Product & Technology Officer
|
| |
●
Discretionary: 60% of base salary with a target of $300,000 (prorated for time employed)
|
| |
●
Discretionary: $102,787 (110% of target)
●
Supplemental: $66,667(2)
|
| |
●
The Company’s overall 2024 performance, as well as Mr. Petrocelli’s individual performance including leadership during a transition period and contributions to the business’s success.
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40 / 2025 Proxy Statement
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2025 Proxy Statement / 41
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Position
|
| |
Multiple of Annual Base Salary
|
|
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Chief Executive Officer
|
| | 5x ● ● ● ● ● | |
|
Other Section 16 Officers
|
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3x ● ● ●
|
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42 / 2025 Proxy Statement
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2025 Proxy Statement / 43
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44 / 2025 Proxy Statement
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Name and Principal
Position |
| |
Year
|
| |
Salary
($)(1) |
| |
Bonus
($)(5) |
| |
Stock
Awards ($)(6) |
| |
Option
Awards ($) |
| |
Non-Equity
Incentive Plan Compensation ($) |
| |
All Other
Compensation ($)(8) |
| |
Total
($)(1) |
| ||||||||||||||||||||||||||||||||
|
Philip Moyer
Chief Executive Officer(2) |
| | |
|
2024
|
| | | | |
$
|
426,923
|
| | | | |
$
|
1,500,000
|
| | | | |
$
|
6,217,624
|
| | | | |
$
|
—
|
| | | | |
$
|
—
|
| | | | |
$
|
40,365
|
| | | | |
$
|
8,184,912
|
| | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |||
|
Adam Gross
Former Interim Chief Executive Officer(2) |
| | |
|
2024
|
| | | | |
$
|
175,385
|
| | | | |
$
|
836,066
|
| | | | |
$
|
171,998
|
| | | | |
$
|
—
|
| | | | |
$
|
—
|
| | | | |
$
|
139,615(9)
|
| | | | |
$
|
1,323,064
|
| | |
| |
|
2023
|
| | | | |
$
|
186,923
|
| | | | |
$
|
100,000
|
| | | | |
$
|
789,093
|
| | | | |
$
|
—
|
| | | | |
$
|
258,510(7)
|
| | | | |
$
|
148,560(9)
|
| | | | |
$
|
1,483,086
|
| | | |||
|
Gillian Munson
Chief Financial Officer |
| | |
|
2024
|
| | | | |
$
|
400,000
|
| | | | |
$
|
983,000
|
| | | | |
$
|
1,385,263
|
| | | | |
$
|
—
|
| | | | |
$
|
—
|
| | | | |
$
|
10,000
|
| | | | |
$
|
2,778,263
|
| | |
| |
|
2023
|
| | | | |
$
|
392,308
|
| | | | |
$
|
560,000
|
| | | | |
$
|
2,901,665
|
| | | | |
$
|
—
|
| | | | |
$
|
—
|
| | | | |
$
|
10,000
|
| | | | |
$
|
3,863,973
|
| | | |||
| |
|
2022
|
| | | | |
$
|
300,000
|
| | | | |
$
|
178,850
|
| | | | |
$
|
10,587,588
|
| | | | |
$
|
—
|
| | | | |
$
|
—
|
| | | | |
$
|
10,000
|
| | | | |
$
|
11,076,438
|
| | | |||
|
Jessica Tracy
General Counsel & Secretary(3) |
| | |
|
2024
|
| | | | |
$
|
344,615
|
| | | | |
$
|
399,000
|
| | | | |
$
|
455,159
|
| | | | |
$
|
—
|
| | | | |
$
|
—
|
| | | | |
$
|
10,000
|
| | | | |
$
|
1,208,775
|
| | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |||
|
Bob Petrocelli
Chief Product & Technology Officer(4) |
| | |
|
2024
|
| | | | |
$
|
144,231
|
| | | | |
$
|
169,454
|
| | | | |
$
|
4,056,000
|
| | | | |
$
|
—
|
| | | | |
$
|
—
|
| | | | |
$
|
10,000
|
| | | | |
$
|
4,379,685
|
| | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|
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46 / 2025 Proxy Statement
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|
| | | | | | | | | |
Estimated future payouts under
non-equity incentive plan awards |
| |
Estimated future payouts under
equity incentive plan awards |
| |
All other
stock awards: Number of shares of stock or units (#) |
| |
Grant date
fair value of stock and option awards ($)(6) |
| ||||||||||||||||||||||||||||||||||||
|
Name
|
| |
Grant
Date |
| |
Threshold
($) |
| |
Target
($) |
| |
Maximum
($) |
| |
Threshold
(#) |
| |
Target
(#) |
| |
Maximum
(#) |
| |||||||||||||||||||||||||||||||||
| Philip Moyer | | | | | 04/08/2024(1) | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 1,680,439 | | | | | | 6,217,624 | | |
| Adam Gross | | | | | 06/13/2024(2) | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 44,444 | | | | | | 171,998 | | |
| Gillian Munson | | | | | 02/07/2024(3) | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 368,421 | | | | | | 1,385,263 | | |
| Jessica Tracy | | | | | 02/07/2024(4) | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 121,053 | | | | | | 455,159 | | |
| Bob Petrocelli | | | | | 09/09/2024(5) | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 800,000 | | | | | | 4,056,000 | | |
|
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50 / 2025 Proxy Statement
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|
| | | |
Option Awards
|
| | | | | | | | | | | | | | | |
Stock Awards
|
| |||||||||||||||||||||||||||||||||||||||||||
|
Name
|
| |
Grant date
|
| |
Number of
securities underlying unexercised SARs/ options (#) |
| |
Number of
securities underlying unexercised SARs/ options (#) |
| |
Option/
SAR exercise price ($) |
| |
Option/
SAR expiration date |
| |
Number of
shares or units of stock that have not vested (#)(2) |
| |
Market value
of shares or units of stock that have not vested ($)(4) |
| |
Equity
Incentive Plan Awards: Number of unearned shares, units or other rights that have not vested (#) |
| |
Equity
Incentive Plan Awards: Market or payout value of unearned shares, units or other rights that have not vested ($)(4) |
| ||||||||||||||||||||||||||||||||||||
| | | | | | | | | | |
(Exercisable)
|
| |
(Unexercisable)
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ||||||||
|
Philip Moyer
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| RSUs | | | | | 04/08/2024 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 1,400,366 | | | | | | | 8,962,342 | | | | | | | — | | | | | | | — | | | |
| Adam Gross | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| RSUs(1) | | | | | 06/06/2023 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 22,222 | | | | | | | 142,221 | | | | | | | — | | | | | | | — | | | |
| RSUs(1) | | | | | 06/13/2024 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 44,444 | | | | | | | 284,442 | | | | | | | — | | | | | | | — | | | |
|
Gillian Munson
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| RSUs | | | | | 4/04/2022 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 275,934 | | | | | | | 1,765,978 | | | | | | | — | | | | | | | — | | | |
| RSUs | | | | | 3/01/2023 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 333,333(2)(3) | | | | | | | 2,133,331 | | | |
| RSUs | | | | | 02/07/2024 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 368,421 | | | | | | | 2,357,894 | | | | | | | — | | | | | | | — | | | |
|
Jessica Tracy
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| RSUs | | | | | 03/03/2021 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 2,869 | | | | | | | 18,362 | | | | | | | — | | | | | | | — | | | |
| RSUs | | | | | 04/13/2023 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 20,000 | | | | | | | 128,000 | | | | | | | — | | | | | | | — | | | |
| RSUs | | | | | 05/26/2023 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 66,667 | | | | | | | 426,669 | | | | | | | — | | | | | | | — | | | |
| RSUs | | | | | 02/07/2024 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 121,053 | | | | | | | 774,739 | | | | | | | — | | | | | | | — | | | |
|
Bob Petrocelli
|
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| RSUs | | | | | 09/09/2024 | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | — | | | | | | | 800,000 | | | | | | | 5,120,000 | | | | | | | — | | | | | | | — | | | |
|
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2025 Proxy Statement / 51
|
|
|
Name
|
| |
Grant Date
|
| |
Number of Unvested
RSUs as of 12/31/24 (#) |
| |
Market Value of Unvested
RSUs as of 12/31/24 ($) |
| |
Vesting Schedule
(#) |
| ||||||||||||||||||||||||||||||
|
2025
|
| |
2026
|
| |
2027
|
| ||||||||||||||||||||||||||||||||||||
|
Philip Moyer
|
| | | | 04/08/2024 | | | | | | | 1,400,366 | | | | | | | 8,962,342 | | | | | | | 280,073 | | | | | | | 560,146 | | | | | | | 560,147 | | | |
|
Adam Gross
|
| | | | 06/06/2023 | | | | | | | 22,222 | | | | | | | 142,221 | | | | | | | 22,222 | | | | | | | — | | | | | | | — | | | |
| | | 06/13/2024 | | | | | | | 44,444 | | | | | | | 284,442 | | | | | | | 22,222(a) | | | | | | | 22,222(a) | | | | | | | — | | | | |||
|
Gillian Munson
|
| | | | 4/04/2022 | | | | | | | 275,934 | | | | | | | 1,765,978 | | | | | | | 275,934 | | | | | | | — | | | | | | | — | | | |
| | | 3/01/2023 | | | | | | | 333,333 | | | | | | | 2,133,331 | | | | | | | 166,667 | | | | | | | 166,666 | | | | | | | — | | | | |||
| | | 02/07/2024 | | | | | | | 368,421 | | | | | | | 2,357,894 | | | | | | | 368,421(b) | | | | | | | — | | | | | | | — | | | | |||
|
Jessica Tracy
|
| | | | 03/03/2021 | | | | | | | 2,869 | | | | | | | 18,362 | | | | | | | 2,869 | | | | | | | — | | | | | | | — | | | |
| | | 04/13/2023 | | | | | | | 20,000 | | | | | | $ | 128,000 | | | | | | | 10,000 | | | | | | | 10,000 | | | | | | | — | | | | |||
| | | 05/26/2023 | | | | | | | 66,667 | | | | | | $ | 426,669 | | | | | | | 33,333 | | | | | | | 33,334 | | | | | | | — | | | | |||
| | | 02/07/2024 | | | | | | | 121,053 | | | | | | $ | 774,739 | | | | | | | 121,053(b) | | | | | | | — | | | | | | | — | | | | |||
|
Bob Petrocelli
|
| | | | 09/09/2024 | | | | | | | 800,000 | | | | | | $ | 5,120,000 | | | | | | | 320,000(c) | | | | | | | 320,000(c) | | | | | | | 160,000(c) | | | |
|
52 / 2025 Proxy Statement
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|
| | | |
Stock Awards(2)
|
| |||||||||
|
Name
|
| |
Number of
Shares Acquired on Vesting (#)(3) |
| |
Value
Realized on Vesting ($) |
| ||||||
| Philip Moyer | | | | | 280,073 | | | | | | 1,375,158 | | |
| Adam Gross(1) | | | | | 144,220 | | | | | | 1,020,956 | | |
| Gillian Munson | | | | | 445,934 | | | | | | 1,900,249 | | |
| Jessica Tracy | | | | | 46,202 | | | | | | 180,808 | | |
| Bob Petrocelli | | | | | — | | | | | | — | | |
|
Name
|
| |
Total Net Shares
Retained |
| |||
| Philip Moyer | | | | | 240,073 | | |
| Adam Gross | | | | | 94,512 | | |
| Gillian Munson | | | | | 225,053 | | |
| Jessica Tracy | | | | | 27,581 | | |
|
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2025 Proxy Statement / 53
|
|
|
Name
|
| |
Executive
contributions in last FY ($)(1) |
| |
Registrant
contributions in last FY ($) |
| |
Aggregate
earnings in last FY ($)(2) |
| |
Aggregate
withdrawals/ distributions ($) |
| |
Aggregate
balance at last FYE ($)(3) |
| |||||||||||||||
| Adam Gross | | | | | 39,066 | | | | | | — | | | | | | 75,932.63 | | | | | | — | | | | | | 195,955.16 | | |
|
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|
|
Name and Benefit
|
| |
Qualifying
Termination |
| |
Qualifying
Termination During the Two Year Period Following a Change in Control of Vimeo |
| |
Death/Disability
|
| ||||||||||||
| Philip Moyer | | | | | | | | | | | | | | | | | | | | | | |
|
Salary
|
| | | $ | 600,000 | | | | | | $ | 600,000 | | | | | | $ | — | | | |
|
Continued health coverage(1)
|
| | | $ | 31,421 | | | | | | $ | 31,421 | | | | | | $ | — | | | |
|
Market value of RSUs that would vest(2)
|
| | | $ | — | | | | | | $ | 8,962,342 | | | | | | $ | — | | | |
| Total estimated severance benefits | | | | $ | 631,421 | | | | | | $ | 9,593,763 | | | | | | $ | — | | | |
| Gillian Munson | | | | | | | | | | | | | | | | | | | | | | |
|
Salary
|
| | | $ | 400,000 | | | | | | $ | 400,000 | | | | | | $ | — | | | |
|
Continued health coverage(1)
|
| | | $ | 34,296 | | | | | | $ | 34,296 | | | | | | $ | — | | | |
|
Market value of RSUs that would vest(2)
|
| | | $ | 1,765,978 | | | | | | $ | 6,417,203(3) | | | | | | $ | — | | | |
| Total estimated severance benefits | | | | $ | 2,200,274 | | | | | | $ | 6,851,499 | | | | | | $ | — | | | |
| Jessica Tracy | | | | | | | | | | | | | | | | | | | | | | |
|
Salary
|
| | | $ | 175,000 | | | | | | $ | 175,000 | | | | | | $ | — | | | |
|
Continued health coverage(1)
|
| | | $ | 17,148 | | | | | | $ | 17,148 | | | | | | $ | — | | | |
|
Market value of RSUs that would vest(2)
|
| | | $ | — | | | | | | $ | 1,347,770 | | | | | | $ | — | | | |
| Total estimated severance benefits | | | | $ | 192,148 | | | | | | $ | 1,539,918 | | | | | | $ | — | | | |
| Bob Petrocelli | | | | | | | | | | | | | | | | | | | | | | |
|
Salary
|
| | | $ | 250,000 | | | | | | $ | 250,000 | | | | | | $ | — | | | |
|
Continued health coverage(1)
|
| | | $ | 17,350 | | | | | | $ | 17,350 | | | | | | $ | — | | | |
|
Market value of RSUs that would vest(2)
|
| | | $ | — | | | | | | $ | 5,120,000 | | | | | | $ | — | | | |
| Total estimated severance benefits | | | | $ | 267,350 | | | | | | $ | 5,387,350 | | | | | | $ | — | | | |
|
56 / 2025 Proxy Statement
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| |
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|
| Year(1) | | | Summary Compensation Table Total for Philip Moyer (PEO)(2) | | | Summary Compensation Table Total for Adam Gross (PEO)(2) | | | Summary Compensation Table Total for Anjali Sud (PEO)(2) | | | Compensation Actually Paid to Philip Moyer (PEO)(3) | | | Compensation Actually Paid to Adam Gross (PEO)(3) | | | Compensation Actually Paid to Anjali Sud (PEO)(3) | | | Average Summary Compensation Table Total for Non-PEO NEOs(2) | | | Average Compensation Actually Paid to Non- PEO NEOs(3) | | | Value of Initial Fixed $100 Investment Based On: | | | Net Income (Loss)(6) | | | | | |||||||||||||||||||||||||||||||||||||||
| Total Shareholder Return(4) | | | Peer Group Total Shareholder Return(5) | | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 2024 | | | | $ | | | | | $ | | | | | | N/A | | | | | $ | | | | | $ | | | | | | N/A | | | | | $ | | | | | $ | | | | | $ | | | | | $ | | | | | $ | | | | | $ | | | ||||||||||
| 2023 | | | | | N/A | | | | | $ | | | | | $ | | | | | | N/A | | | | | $ | | | | | $ | ( | | | | | $ | | | | | $ | | | | | $ | | | | | $ | | | | | $ | | | | | $ | | | |||||||||
| 2022 | | | | | N/A | | | | | | N/A | | | | | $ | | | | | | N/A | | | | | | N/A | | | | | $ | ( | | | | | $ | | | | | $ | ( | | | | | $ | | | | | $ | | | | | $ | ( | | | | | $ | ( | | | ||||
| 2021 | | | | | N/A | | | | | | N/A | | | | | $ | | | | | | N/A | | | | | | N/A | | | | | $ | | | | | $ | | | | | $ | ( | | | | | $ | | | | | $ | | | | | $ | ( | | | | | $ | ( | | |
|
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2025 Proxy Statement / 57
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|
| | | | 2024 | | | 2023 | | | 2022 | | |||||||||||||||||||||||||||||||||||||||
| | | | PEO (Philip Moyer) | | | PEO (Adam Gross) | | | Average Non- PEO NEOs | | | PEO (Adam Gross) | | | PEO (Anjali Sud) | | | Average Non- PEO NEOs | | | PEO | | | Average Non- PEO NEOs | | ||||||||||||||||||||||||
| Total Compensation for covered fiscal year (FY) from Summary Compensation Table (SCT) | | | | $ | | | | | $ | | | | | $ | | | | | $ | | | | | $ | | | | | $ | | | | | $ | | | | | $ | | | ||||||||
| DEDUCT: grant date fair value (GDFV) of equity awards granted during FY from SCT | | | | $ | ( | | | | | $ | ( | | | | | $ | ( | | | | | $ | ( | | | | | $ | ( | | | | | $ | ( | | | | | $ | ( | | | | | $ | ( | | |
| ADD: Fair value (FV) as of FY-end of equity awards granted during the year that are outstanding and unvested as of FY-end | | | | $ | | | | | $ | | | | | $ | | | | | $ | | | | | $ | | | | | $ | | | | | $ | | | | | $ | ( | | | |||||||
| ADD: change as of end of FY (from end of prior FY) in FV of awards granted in any prior year that are outstanding and unvested as of FY-end | | | | $ | | | | | $ | | | | | $ | | | | | $ | | | | | $ | | | | | $ | | | | | $ | ( | | | | | $ | ( | | | ||||||
| ADD: vesting date FV for any equity awards granted during the year that vested at the end of or during FY | | | | $ | | | | | $ | | | | | $ | | | | | $ | | | | | $ | | | | | $ | | | | | $ | | | | | $ | | | ||||||||
| ADD: change as of the vesting date (from end of prior FY) in FV for any equity awards granted in any prior year that vested at the end of or during FY | | | | $ | | | | | $ | | | | | | $ | | | | | | $ | | | | | $ | | | | | $ | | | | | $ | | | | | $ | ( | | | |||||
| DEDUCT: FV at the end of the prior FY for awards granted in any prior year that failed to meet applicable vesting conditions during FY | | | | $ | | | | | $ | | | | | $ | | | | | $ | | | | | $ | ( | | | | | $ | ( | | | | | $ | | | | | $ | ( | | | |||||
| ADD: Value of dividends or other earnings paid on stock or option awards in FY not otherwise reflected in total compensation | | | | $ | | | | | $ | | | | | $ | | | | | $ | | | | | $ | | | | | $ | | | | | $ | | | | | $ | | | ||||||||
| Compensation Actually Paid (as defined by SEC rules) | | | | $ | | | | | $ | | | | | $ | | | | | $ | | | | | | ( | | | | | | | | | | $ | ( | | | | | $ | ( | | |
|
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Position
|
| |
Audit
Committee |
| |
Compensation and
Human Capital Management Committee |
| |
Nominating and
Corporate Governance Committee |
| |||||||||
| Chair | | | | $ | 20,000 | | | | | $ | 20,000 | | | | | | — | | |
| Each member, including Chair | | | | $ | 10,000 | | | | | $ | 5,000 | | | | | | — | | |
|
62 / 2025 Proxy Statement
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|
|
Name
|
| |
Fees Earned or
Paid in Cash ($) |
| |
Stock
Awards ($)(2) |
| |
Option
Awards ($)(3) |
| |
Total
($) |
| ||||||||||||
|
Alesia J. Haas(5)
|
| | | | 80,000 | | | | | | 171,998 | | | | | | — | | | | | | 251,998 | | |
| Jay Herratti | | | | | 62,321 | | | | | | 171,998 | | | | | | — | | | | | | 234,319 | | |
|
Ida Kane(5)
|
| | | | 60,000 | | | | | | 171,998 | | | | | | — | | | | | | 231,998 | | |
| Mo Koyfman | | | | | 75,000(1) | | | | | | 171,998 | | | | | | — | | | | | | 246,998 | | |
|
Spike Lee(4)
|
| | | | 6,456 | | | | | | 171,998 | | | | | | — | | | | | | 178,454 | | |
| Alexander von Furstenberg | | | | | 50,000 | | | | | | 171,998 | | | | | | — | | | | | | 221,998 | | |
| Glenn H. Schiffman | | | | | —(1) | | | | | | — | | | | | | — | | | | | | — | | |
|
Name
|
| |
Outstanding
RSUs (#) |
| |||
| Alesia J. Haas | | | | | 66,666 | | |
| Jay Herratti | | | | | 66,666 | | |
| Ida Kane | | | | | 66,666 | | |
| Mo Koyfman | | | | | 66,666 | | |
| Alexander von Furstenberg | | | | | 66,666 | | |
| Glenn H. Schiffman | | | | | 250,000 | | |
|
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2025 Proxy Statement / 63
|
|
|
Plan Category
|
| |
Number of Securities
to be Issued upon Exercise of Outstanding Options, Warrants and Rights (A) |
| |
Weighted-Average
Exercise Price of Outstanding Options, Warrants and Rights (B)(4) |
| |
Number of Securities
Remaining Available for Future Issuance Under Equity Compensation Plans (Excluding Securities Reflected in Column (A)) (C) |
| |||||||||
|
Equity compensation plans approved
by security holders(1)(2)(3) |
| | | | 24,212,061 | | | | | $ | 5.46 | | | | | | 14,630,070(5) | | |
|
Equity compensation plans not
approved by security holders |
| | | | — | | | |
—
|
| | | | — | | | |||
| Total | | | | | 24,212,061 | | | | | $ | 5.46 | | | | | | 14,630,070(5) | | |
|
64 / 2025 Proxy Statement
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| |
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|
| | | |
Vimeo Common Stock
|
| |
Vimeo Class B Common
Stock |
| |
Percent of
Vote |
| |||||||||||||||||||||
|
Name and Address of
Beneficial Owner |
| |
Number of
Shares Owned |
| |
% of Class
Owned |
| |
Number of
Shares Owned |
| |
% of Class
Owned |
| |
(All Classes)
|
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Lynrock Lake LP
2 International Drive, Suite 130 Rye Brook, NY 10573 |
| | | | 15,017,039(1) | | | | | | 9.1% | | | | | | — | | | | | | — | | | | | | 5.8% | | |
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BlackRock, Inc.
50 Hudson Yards New York, NY 10001 |
| | | | 12,115,246 (2) | | | | | | 7.3% | | | | | | — | | | | | | — | | | | | | 4.7% | | |
| Barry Diller | | | | | 10,014,087(3) | | | | | | 5.7% | | | | | | 9,399,250(4) | | | | | | 100% | | | | | | 36.5% | | |
| Philip Moyer | | | | | 480,335(5) | | | | | | * | | | | | | — | | | | | | — | | | | | | * | | |
| Adam Gross | | | | | 228,221(6) | | | | | | * | | | | | | — | | | | | | — | | | | | | * | | |
| Gillian Munson | | | | | 847,472(5) | | | | | | * | | | | | | — | | | | | | — | | | | | | * | | |
| Jessica Tracy | | | | | 128,059(7) | | | | | | * | | | | | | — | | | | | | — | | | | | | * | | |
| Bob Petrocelli | | | | | 104,442(5) | | | | | | * | | | | | | — | | | | | | — | | | | | | * | | |
| Adam Cahan | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
| Alesia J. Haas | | | | | 95,107(8) | | | | | | * | | | | | | — | | | | | | — | | | | | | * | | |
| Jay Herratti | | | | | 101,482(9) | | | | | | * | | | | | | — | | | | | | — | | | | | | * | | |
| Lydia Jett | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
| Ida Kane | | | | | 95,107(10) | | | | | | * | | | | | | — | | | | | | — | | | | | | * | | |
| Kirsten Kliphouse | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
| Mo Koyfman | | | | | 95,480(11) | | | | | | * | | | | | | — | | | | | | — | | | | | | * | | |
| Glenn H. Schiffman | | | | | 723,180(12) | | | | | | * | | | | | | — | | | | | | — | | | | | | * | | |
| Alexander von Furstenberg | | | | | 173,823(13) | | | | | | * | | | | | | — | | | | | | — | | | | | | * | | |
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All current executive officers and directors as a group (12 persons)
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| | | | 3,072,708 | | | | | | 1.9% | | | | | | — | | | | | | — | | | | | | 1.2% | | |
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66 / 2025 Proxy Statement
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2025 Proxy Statement / 67
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68 / 2025 Proxy Statement
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Years Ended December 31,
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2024
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2023
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(In thousands)
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| Net earnings | | | | $ | 27,012 | | | | | $ | 22,032 | | |
| Add back: | | | | | | | | | | | | | |
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Income tax provision
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| | | | 6,704 | | | | | | 2,879 | | |
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Other income, net
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| | | | (15,033) | | | | | | (12,862) | | |
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Interest expense
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| | | | — | | | | | | 998 | | |
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Operating income
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| | | | 18,683 | | | | | | 13,047 | | |
| Add back: | | | | | | | | | | | | | |
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Stock-based compensation expense
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| | | | 32,705 | | | | | | 12,042 | | |
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Depreciation
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| | | | 356 | | | | | | 1,997 | | |
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Amortization of intangibles
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| | | | 1,390 | | | | | | 2,839 | | |
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Contingent consideration fair value adjustments
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| | | | — | | | | | | (396) | | |
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Restructuring costs
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| | | | 2,205 | | | | | | 4,888 | | |
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Adjusted EBITDA
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| | | $ | 55,339 | | | | | $ | 34,417 | | |
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70 / 2025 Proxy Statement
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