Quandt R James 4
4 · LEAF GROUP LTD. · Filed Jan 3, 2020
Insider Transaction Report
Form 4
LEAF GROUP LTD.LEAF
Quandt R James
Director
Transactions
- Award
Common Stock, $.0001 par value
2020-01-02$3.99/sh+12,531$49,999→ 113,214 total
Footnotes (2)
- [F1]Mr. Quandt was granted 12,531 restricted stock units ("RSUs") in connection with his continued service as the Non-Executive Chairman of the Board of Directors (the "Board") of Leaf Group Ltd. (the "Company") pursuant to the Company's Outside Director Compensation Program. Each RSU represents the right to receive one share of the Company's common stock upon vesting. Subject to Mr. Quandt's continued service on the Board through the applicable vesting date, the RSUs will vest in eight (8) substantially equal installments commencing on March 31, 2020 and on each 3-month anniversary thereafter ending December 31, 2021.
- [F2]Includes 22,820 unvested RSUs.