Michael Lafair - Feb 16, 2025 Form 4 Insider Report for CS Disco, Inc. (LAW)

Signature
/s/ Michael S. Lafair
Stock symbol
LAW
Transactions as of
Feb 16, 2025
Transactions value $
-$68,228
Form type
4
Date filed
2/19/2025, 08:03 PM
Previous filing
Feb 4, 2025
Next filing
Feb 28, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LAW Common Stock Award $0 +74.1K +9.54% $0.00 851K Feb 16, 2025 Direct F1
transaction LAW Common Stock Award $0 +28.2K +3.31% $0.00 879K Feb 16, 2025 Direct F2
transaction LAW Common Stock Sale -$68.2K -13.1K -1.5% $5.19 866K Feb 18, 2025 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a restricted stock unit ("RSU") award. Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs shall vest in 16 equal quarterly installments with the first vest date occurring on May 16, 2025, and shall continue to vest on each quarterly date thereafter, subject to the Reporting Person's continuous service to the Issuer through each vesting date.
F2 Represents RSUs that were granted in February 2024 subject to performance-based vesting conditions pertaining to 2024 performance, the achievement of which was certified by the Compensation Committee on February 16, 2025. Of these RSUs, 4/12th of the shares will vest after two full business days have elapsed following the Issuer's release of 2024 earnings, and the remainder will vest in eight equal quarterly installments with the first vest date occurring on May 16, 2025, and shall continue to vest on each quarterly date thereafter, subject to the reporting person's continuous service to the Issuer through each vesting date.
F3 Represents the aggregate number of shares sold by the Reporting Person as a result of a mandatory sale to cover taxes and fees due upon the release and settlement of restricted stock units. The Reporting Person did not sell or otherwise dispose of any of the shares reported on this Form 4 for any reason other than to cover required taxes and fees.