Home/Filings/4/0001179110-19-001085
4//SEC Filing

Benton Deborah A 4

Accession 0001179110-19-001085

CIK 0001365038other

Filed

Jan 29, 7:00 PM ET

Accepted

Jan 30, 6:41 PM ET

Size

8.0 KB

Accession

0001179110-19-001085

Insider Transaction Report

Form 4
Period: 2019-01-29
Transactions
  • Award

    Common Stock

    2019-01-29+9,9879,987 total
  • Award

    Stock Option (right to buy)

    2019-01-29+22,22822,228 total
    Exercise: $7.51Exp: 2029-01-29Common Stock (22,228 underlying)
Footnotes (3)
  • [F1]In connection with Ms. Benton's appointment to the board of directors (the "Board") of Leaf Group Ltd. (the "Company") and pursuant to the Company's Outside Director Compensation Program, Ms. Benton was granted 9,987 restricted stock units ("RSUs"). Each RSU represents the right to receive one share of the Company's common stock upon vesting. Subject to Ms. Benton's continued service on the Board through the applicable vesting date, one-third (1/3) of these RSUs will vest on January 29, 2020 and the remaining RSUs will vest in eight (8) substantially equal installments on each three-month anniversary of the first vesting date.
  • [F2]Includes 9,987 unvested RSUs.
  • [F3]In connection with Ms. Benton's appointment to the Board and pursuant to the Company's Outside Director Compensation Program, Ms. Benton was granted a non-qualified stock option covering 22,228 shares of the Company's common stock. Subject to Ms. Benton's continued service on the Board through the applicable vesting date, one-third (1/3) of the shares subject to this stock option will vest and become exercisable on January 29, 2020 and the remaining two-thirds of the shares subject to this stock option will vest in twenty-four (24) substantially equal installments on each monthly anniversary of the first vesting date.

Issuer

LEAF GROUP LTD.

CIK 0001365038

Entity typeother

Related Parties

1
  • filerCIK 0001765795

Filing Metadata

Form type
4
Filed
Jan 29, 7:00 PM ET
Accepted
Jan 30, 6:41 PM ET
Size
8.0 KB