SEC Form 4 · accession 0001441280-17-000014
LEAF GROUP LTD. · LEAF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sean P Moriarty
Officer — Chief Executive Officer · Director
Period of report
Mar 1, 2017
Accepted (ET)
Mar 3, 2017 · 6:45 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001365038
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $.0001 par valueF1,F2 | Mar 1, 2017 | F | 26,090 | $8.05 | D | 821,645 | D | |
| Common Stock, $.0001 par valueF4,F2 | Mar 2, 2017 | S | 6,417 | $8.012 | D | 815,228 | D | |
| Common Stock, $.0001 par valueF5,F2 | Mar 3, 2017 | S | 2,363 | $7.936 | D | 812,865 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Upon the vesting of 49,999 restricted stock units ("RSUs") previously granted to the reporting person, the Company withheld 26,090 shares to cover the reporting person's tax obligation with respect to the vesting of such RSUs.
- F2Includes 633,335 unvested RSUs.
- F3These sales were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person in order to cover certain additional withholding taxes due in connection with the vesting of certain RSUs, including 49,999 that vested on March 1, 2017.
- F4These shares were sold in multiple transactions at prices ranging from $7.78 to $8.15 per share. The price reported in Column 4 is the weighted average sales price. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price included in the weighted average sales price to the Company, any security holder of the Company or the staff of the SEC upon request.
- F5These shares were sold in multiple transactions at prices ranging from $7.85 to $8.08 per share. The price reported in Column 4 is the weighted average sales price. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price included in the weighted average sales price to the Company, any security holder of the Company or the staff of the SEC upon request.