SEC Form 4 · accession 0001649500-18-000006
LEAF GROUP LTD. · LEAF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Wendy Voong
Officer — Chief Accounting Officer
Period of report
Mar 2, 2018
Accepted (ET)
Mar 7, 2018 · 5:58 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 2, 2018 | A | 25,000 | $0.00 | A | 63,635 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Ms. Voong was granted 25,000 restricted stock units ("RSUs") in connection with her continued employment with Leaf Group Ltd. ("LFGR"). Each RSU represents the right to receive one share of LFGR common stock upon vesting. Subject to Ms. Voong's continued employment through the vesting date, one-third (1/3) of the RSUs will vest on March 1, 2019 and the remaining two-thirds (2/3) of the RSUs will vest in 24 substantially equal installments on each monthly anniversary thereafter.
- F2Includes 47,168 unvested RSUs.