Jeffrey M. Stibel - 06 Feb 2025 Form 4 Insider Report for LEGALZOOM.COM, INC. (LZ)

Signature
/s/ Michelle Sparks, Attorney-in-Fact for Jeffrey M. Stibel
Issuer symbol
LZ
Transactions as of
06 Feb 2025
Net transactions value
-$1,289,560
Form type
4
Filing time
10 Feb 2025, 17:27:32 UTC
Previous filing
19 Nov 2024
Next filing
19 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LZ Common Stock Award $0 +821,808 +64% $0.000000 2,112,263 06 Feb 2025 Direct F1
transaction LZ Common Stock Tax liability $1,289,560 -139,714 -6.6% $9.23 1,972,549 06 Feb 2025 Direct F2
holding LZ Common Stock 13,584 06 Feb 2025 By Bryant-Stibel Fund I LLC F3
holding LZ Common Stock 294,326 06 Feb 2025 By Escondido Children's Trust F3
holding LZ Common Stock 537,779 06 Feb 2025 By Travron Trust F3
holding LZ Common Stock 2,807,719 06 Feb 2025 By CES 2020 Trust F3
holding LZ Common Stock 2,807,719 06 Feb 2025 By JMS 2020 Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents performance-based restricted stock units ("PSUs") that were deemed earned upon the Compensation Committee's certification of the underlying fiscal 2024 performance criteria on February 6, 2025. Of the earned amount of PSUs, 1/3 vested immediately upon certification by the Compensation Committee and the remaining 2/3 will vest in eight substantially equal installments on a quarterly basis, with the first quarterly installment to vest on May 15, 2025, subject to the Reporting Person's continued service with the Issuer through each applicable vesting date.
F2 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.
F3 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.