Schulz Jennifer 4
4 · LEAF GROUP LTD. · Filed Jun 14, 2018
Insider Transaction Report
Form 4
LEAF GROUP LTD.LFGR
Schulz Jennifer
Director
Transactions
- Award
Common Stock, $.0001 par value
2018-06-12+3,731→ 27,239 total - Award
Stock Option (right to buy)
2018-06-12+8,222→ 8,222 totalExercise: $10.05Exp: 2028-06-12→ Common Stock (8,222 underlying)
Footnotes (3)
- [F1]In connection with her continued service on the Company's board of directors (the "Board") following the Company's annual meeting, and pursuant to the Company's Outside Director Compensation Program, Ms. Schulz 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 Ms. Schulz's 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 her continued service on the Board following the Company's annual stockholder meeting, and pursuant to the Company's Outside Director Compensation Program, Ms. Schulz was granted a nonqualified stock option covering 8,222 shares of the Company's common stock. Subject to Ms. Schultz'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 the grant date.