SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* Liberty TripAdvisor Holdings, Inc. (Last) (First) (Middle) 12300 LIBERTY BOULEVARD (Street) ENGLEWOOD CO 80112 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol TripAdvisor, Inc. [ TRIP ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director X 10% Owner Officer (give title below) Other (specify below)
	3. Date of Earliest Transaction (Month/Day/Year) 06/06/2016
	4. If Amendment, Date of Original Filed (Month/Day/Year) 06/07/2016	6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Forward sale contract (obligation to sell)	(1)	06/06/2016		J/K(1)		7,000,000		(1)	(1)	Common Stock, par value $0.001 per share	7,000,000	(1)	7,000,000	I	Held through wholly-owned subsidiary

Explanation of Responses:

1. On June 6, 2016 (the "Trade Date"), Liberty TripAdvisor, LLC ("Counterparty"), which is a wholly owned subsidiary of the reporting person, entered into the Forward Contract (as described in the Remarks section).

Remarks:

This amendment is being filed to correctly state the number of shares of TripAdvisor common stock to be delivered to buyer at the end of the Forward Contract. On June 6, 2016, Counterparty entered into a variable forward sale transaction with an unaffiliated third party buyer (the "Forward Contract"). The Forward Contract obligates Counterparty to deliver to buyer up to 7,000,000 shares of TripAdvisor common stock (the "Number of Shares") over a 20 trading day period starting on May 13, 2020 (or, at Counterparty's election, an equivalent amount of cash based on the arithmetic average of the VWAP prices of the shares over the same period (the "Settlement Price")). In exchange, Counterparty will be entitled to receive $258,940,500 (the "Initial Proceeds") on the initial settlement date of June 10, 2016, or on any subsequent date an amount equal to the Initial Proceeds grown at a compounded overnight rate equal to Fed Funds. Counterparty pledged 7,000,000 shares of TripAdvisor common stock (the "Pledge Shares") to secure its obligations under the Forward Contract, and retained dividend and voting rights in the Pledge Shares during the term of the pledge. The number of shares of TripAdvisor common stock to be delivered to buyer at the end of the Forward Contract is to be determined as follows: (a) if the Settlement Price of TripAdvisor common stock is less than $38.9025 (the "Floor Price"), Counterparty will deliver all of the Pledge Shares; (b) if the Settlement Price is between the Floor Price and $98.9625 (the "Cap Price"), Counterparty will deliver a number of Pledge Shares equal to the Floor Price divided by the Settlement Price multiplied by the Number of Shares; and (c) if the Settlement Price is greater than the Cap Price, Counterparty will deliver a number of Pledge Shares equal to the Floor Price plus the Settlement Price minus the Cap Price divided by the Settlement Price multiplied by the Number of Shares.

	Liberty TripAdvisor Holdings, Inc. By: /s/ Craig Troyer, Vice President, Deputy General Counsel and Assistant Secretary	06/17/2016
	** Signature of Reporting Person	Date
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* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
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