PLEASANTS JOHN 4
4 · LEAF GROUP LTD. · Filed Jun 14, 2018
Insider Transaction Report
Form 4
LEAF GROUP LTD.LFGR
PLEASANTS JOHN
Director
Transactions
- Award
Stock Option (right to buy)
2018-06-12+8,222→ 8,222 totalExercise: $10.05Exp: 2028-06-12→ Common Stock (8,222 underlying) - Award
Common Stock, $.0001 par value
2018-06-12+3,731→ 22,239 total
Footnotes (3)
- [F1]In connection with his continued service on the Company's board of directors (the "Board") following the Company's annual stockholder meeting, and pursuant to the Company's Outside Director Compensation Program, Mr. Pleasants was granted 3,731 restricted stock units ("RSUs"). Each RSU represents the right to receive one share of the Company's common stock upon vesting. Subject to Mr. Pleasants' continued service on the Board through the applicable vesting date, these RSU's will vest in 12 substantially equal installments on each three month anniversary of the grant date.
- [F2]Includes 10,045 unvested RSUs.
- [F3]In connection with his continued service on the Board following the Company's annual stockholder meeting, and pursuant to the Company's Outside Director Compensation Program, Mr. Pleasants was granted a nonqualified stock option covering 8,222 shares of the Company's common stock. Subject to Mr. Pleasants 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 the grant date.