Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | LZ | Common Stock | Award | $0 | +822K | +63.68% | $0.00 | 2.11M | Feb 6, 2025 | Direct | F1 |
transaction | LZ | Common Stock | Tax liability | -$1.29M | -140K | -6.61% | $9.23 | 1.97M | Feb 6, 2025 | Direct | F2 |
holding | LZ | Common Stock | 13.6K | Feb 6, 2025 | By Bryant-Stibel Fund I LLC | F3 | |||||
holding | LZ | Common Stock | 294K | Feb 6, 2025 | By Escondido Children's Trust | F3 | |||||
holding | LZ | Common Stock | 538K | Feb 6, 2025 | By Travron Trust | F3 | |||||
holding | LZ | Common Stock | 2.81M | Feb 6, 2025 | By CES 2020 Trust | F3 | |||||
holding | LZ | Common Stock | 2.81M | Feb 6, 2025 | By JMS 2020 Trust |
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. |