LegalZoom CEO reports tax share withholding
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Rhea-AI Filing Summary
LEGALZOOM.COM, INC. CEO Jeffrey M. Stibel reported a tax-related share disposition. On the vesting of restricted stock units, 78,357 shares of common stock were automatically withheld at $6.87 per share to satisfy his tax withholding obligations. He now directly holds 2,207,709 shares, with additional indirect holdings reported through Bryant-Stibel Fund I LLC and several family trusts, for which he disclaims beneficial ownership except to the extent of any pecuniary interest.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 78,357 | $6.87 | $538K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. This transaction represents the automatic withholding of shares of the Issuer's common stock upon the vesting of restricted stock units in order to satisfy the Reporting Person's tax withholding obligations.
- 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.
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What insider transaction did LegalZoom (LZ) report for CEO Jeffrey Stibel?
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