Benton Deborah A 4/A
4/A · LEAF GROUP LTD. · Filed Jan 26, 2021
Insider Transaction Report
Form 4/AAmended
LEAF GROUP LTD.LEAF
Benton Deborah A
Director
Transactions
- Award
Stock Option(right to buy)
2020-11-02+11,666→ 33,894 totalExercise: $5.73Exp: 2030-11-02→ Common Stock,$.0001par value (11,666 underlying) - Award
Common Stock, $.0001 par value
2020-11-02+6,545→ 16,532 total
Footnotes (4)
- [F1]On October 28, 2020, the Board of Directors (the "Board") of Leaf Group Ltd. (the "Company") approved the annual equity compensation grant to outside directors under the Company'sOutside Director Compensation Program, effective November 2, 2020. In connection with her continued service on the Board of the Company, Ms. Benton was granted 6,545 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 applicablevesting date, these RSUs will vest in 12 substantially equal installments on each three month anniversary of May 18, 2020.
- [F2]Includes 10,162 unvested RSUs. This Form 4/A is being filed solely to correct typographical errors in the number of shares previously reported in Column 5 of Table I and Column 9 of Table II. This amended report does not report any new transactions or otherwise modify the transaction details that were reported in the November 3, 2020 Form 4.
- [F3]In connection with her continued service on the Board and pursuant to the Company's Outside Director Compensation Program, Ms. Benton was granted a nonqualified stock option covering11,666 shares of the Company's common stock. Subject to Ms. Benton's continued service on the Board through the applicable vesting date, the shares subject to this stock option will vest and become exercisable in 36 substantially equal installments on each monthly anniversary of May 18, 2020.
- [F4]This Form 4/A is being filed solely to correct typographical errors in the number of shares previously reported in Column 5 of Table I and Column 9 of Table II. This amended report does not report any new transactions or otherwise modify the transaction details that were reported in the November 3, 2020 Form 4.