LucasZoom LLC - Oct 19, 2023 Form 4 Insider Report for LEGALZOOM.COM, INC. (LZ)

Role
Director
Signature
/s/ Thomas Lafrance, By: Thomas Lafrance, Authorized Signatory, LucasZoom, LLC
Stock symbol
LZ
Transactions as of
Oct 19, 2023
Transactions value $
-$19,999,992
Form type
4
Date filed
10/23/2023, 05:14 PM
Previous filing
Sep 13, 2023
Next filing
Nov 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LZ Common Stock Sale -$20M -2.09M -12.18% $9.55 15.1M Oct 19, 2023 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to a stock purchase agreement, dated September 5, 2023, LucasZoom, LLC ("LucasZoom") sold 2,094,240 shares of Common Stock to entities affiliated with Technology Crossover Ventures, which was consummated on October 20, 2023, following the satisfaction of the final material closing condition on October 19, 2023.
F2 Lucazoom S.a.r.l. ("Lucazoom") is the sole member of LucasZoom. Permira V L.P.2 ("Permira V") is the controlling shareholder of Lucazoom. Permira V acts through its general partner, Permira V GP L.P. ("Permira V GP"), which acts through its general partner, Permira V GP Limited (together with Lucazoom, Permira V and Permira V GP, the "Permira Entities").
F3 The Permira Entities may be deemed to share voting and dispositive power over the Common Stock held by LucasZoom but disclaim beneficial ownership of such Common Stock except to the extent of their pecuniary interest therein.

Remarks:

Dipan Patel currently serves on the board of directors of the Issuer as the Reporting Persons' representative, and therefore each of the Reporting Persons may be deemed a "director by deputization" of the Issuer.