Home/Filings/4/0001179110-20-011004
4//SEC Filing

KROLIK ROBERT J 4

Accession 0001179110-20-011004

CIK 0001365038other

Filed

Nov 9, 7:00 PM ET

Accepted

Nov 10, 8:37 PM ET

Size

8.1 KB

Accession

0001179110-20-011004

Insider Transaction Report

Form 4
Period: 2020-11-06
Transactions
  • Award

    Common Stock, $.0001 par value

    2020-11-06+18,75018,750 total
  • Award

    Stock Option (right to buy)

    2020-11-06+11,60311,603 total
    Exercise: $6.00Exp: 2030-11-06Common Stock, $.0001 par value (11,603 underlying)
Footnotes (3)
  • [F1]In connection with Mr. Krolik'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, Mr. Krolik was granted 18,750 restricted stock units ("RSUs"). Each RSU represents the right to receive one share of the Company's common stock upon vesting. Subject to Mr. Krolik's continued service on the Board through the applicable vesting date, one-third (1/3) of these RSUs will vest on November 6, 2021 and the remaining RSUs will vest in eight (8) substantially equal installments on each three-month anniversary of the first vesting date.
  • [F2]Includes 18,750 unvested RSUs.
  • [F3]In connection with Mr. Krolik's appointment to the Board and pursuant to the Company's Outside Director Compensation Program, Mr. Krolik was granted a non-qualified stock option covering 11,063 shares of the Company's common stock. Subject to Mr. Krolik'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 November 6, 2021 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 0001229666

Filing Metadata

Form type
4
Filed
Nov 9, 7:00 PM ET
Accepted
Nov 10, 8:37 PM ET
Size
8.1 KB