LegalZoom director granted 35,585 RSUs
Whiteley Sivan reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Whiteley Sivan reported acquisition or exercise transactions in this Form 4 filing.
LEGALZOOM.COM, INC. director Sivan Whiteley received a grant of 35,585 restricted stock units. These RSUs vest in a single installment on the earlier of the close of business on the day before LegalZoom’s next annual stockholder meeting or the one-year anniversary of the grant date, contingent on continued service.
Each RSU will be settled in one share of LegalZoom common stock when vested. After this equity award, Whiteley directly holds 131,965 shares of common stock. This is a compensation-related grant, not an open-market stock purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 35,585 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents restricted stock units ("RSUs") that vest in a single installment on the earlier to occur of (a) the close of business on the day before the Issuer's next annual meeting of stockholders and (b) the one-year anniversary of the grant date, subject to the Reporting Person's continuing service to the Issuer. The RSUs are payable in an equivalent number of shares of the Issuer's common stock.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
annual meeting of stockholders financial
grant date financial
FAQ
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What did LegalZoom (LZ) director Sivan Whiteley report in this Form 4?
How many LegalZoom (LZ) RSUs were granted to director Sivan Whiteley?
What is the vesting schedule for Sivan Whiteley’s LegalZoom (LZ) RSUs?
Is Sivan Whiteley’s LegalZoom (LZ) RSU grant an open-market stock purchase?
How will Sivan Whiteley’s LegalZoom (LZ) RSUs be settled at vesting?
AI-generated analysis. How Rhea-AI works. Not financial advice.