4//SEC Filing
Stibel Jeffrey M 4
Accession 0001286139-25-000037
CIK 0001286139other
Filed
Feb 24, 7:00 PM ET
Accepted
Feb 25, 6:58 PM ET
Size
12.2 KB
Accession
0001286139-25-000037
Insider Transaction Report
Form 4
Stibel Jeffrey M
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Performance Rights (November 2024)
2025-02-23−683,791→ 2,963,095 totalExp: 2027-11-14→ Common Stock (683,791 underlying) - Exercise/Conversion
Common Stock
2025-02-23+683,791→ 2,639,359 total
Holdings
- 294,326(indirect: By Trust)
Common Stock
- 537,779(indirect: By Trust)
Common Stock
- 13,584(indirect: By LLC)
Common Stock
- 2,807,719(indirect: By Trust)
Common Stock
- 2,807,719(indirect: By Trust)
Common Stock
Footnotes (4)
- [F1]Represents performance units for which the achievement of the first stock price target was certified by the Compensation Committee on February 23, 2025 based on the volume-weighted average closing price of the Issuer's common stock during a consecutive 30-day trading period. The performance units will vest on November 15, 2025, subject to the Reporting Person's continued employment with the Issuer through the vesting date.
- [F2]The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.
- [F3]Each performance unit represents a contingent right to receive one share of the Issuer's common stock. The performance units may vest, if at all, between 75% and 400% of the target grant date value based on the Issuer's common stock achieving certain stock price targets during a 3-year performance period (subject to a 29-trading day extension in certain circumstances). Stock price targets will be achieved based on the volume weighted average closing price of the Issuer's common stock during a consecutive 30-day trading period.
- [F4]On November 19, 2024, the Reporting Person filed a Form 4 inadvertently reporting the number of performance units granted to the Reporting Person at the target amount rather than the maximum number of performance units that may be earned pursuant to the terms of such performance units. This inadvertent understatement of performance units has been corrected in this Form 4.
Documents
Issuer
LEGALZOOM.COM, INC.
CIK 0001286139
Entity typeother
Related Parties
1- filerCIK 0001334852
Filing Metadata
- Form type
- 4
- Filed
- Feb 24, 7:00 PM ET
- Accepted
- Feb 25, 6:58 PM ET
- Size
- 12.2 KB