Noel Bertram Watson - Feb 6, 2025 Form 4 Insider Report for LEGALZOOM.COM, INC. (LZ)

Signature
/s/ Michelle Sparks, Attorney-in-Fact for Noel Bertram Watson
Stock symbol
LZ
Transactions as of
Feb 6, 2025
Transactions value $
-$474,976
Form type
4
Date filed
2/10/2025, 05:27 PM
Previous filing
Dec 18, 2024
Next filing
Feb 19, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LZ Common Stock Award $0 +300K +22.05% $0.00 1.66M Feb 6, 2025 Direct F1
transaction LZ Common Stock Tax liability -$475K -51.5K -3.1% $9.23 1.61M Feb 6, 2025 Direct F2
* 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.