Wergeles Adam F. 4
4 · LEAF GROUP LTD. · Filed Feb 18, 2021
Insider Transaction Report
Form 4
LEAF GROUP LTD.LEAF
Wergeles Adam F.
EVP, Gen Counsel & Secretary
Transactions
- Sale
Common Stock, $.0001 par value
2021-02-16$7.18/sh−7,225$51,876→ 165,837 total - Tax Payment
Common Stock, $.0001 par value
2021-02-16$6.82/sh−856$5,838→ 164,981 total
Footnotes (4)
- [F1]The sales reported in this Form 4 were effected pursuant to Rule 10b5-1 trading plans dated June 5, 2020 and August 19, 2020, executed by the reporting person.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.02 to $7.40, inclusive. The reporting person undertakes to provide to Leaf Group Ltd. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (2) to this Form 4.
- [F3]Upon the vesting of 2,083 restricted stock units ("RSUs") previously granted to the reported person, Leaf Group Ltd. withheld 856 shares to cover the reporting person's tax withholding obligation with respect to the vesting of such RSUs.
- [F4]Includes 115,835 unvested RSUs.