| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | LFLY | Common Stock | Sale | -$4.68K | -671 | -2.29% | $6.97 | 28.7K | Oct 26, 2023 | Direct | F1, F2, F3, F4, F5 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | Shares sold to satisfy tax withholding obligations in connection with the settlement of restricted stock units. These shares were sold pursuant to a prior written authorization executed by the reporting person on October 24, 2022 that is intended to comply with Rule 10b5-1. |
| F2 | The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.50 to $7.28, inclusive. Upon request by the issuer, any security holder thereof, or the staff of the Securities and Exchange Commission, the reporting person will provide full information regarding the number of shares sold at each separate price within the ranges set forth herein. |
| F3 | Represents 9,814 shares of common stock and 18,866 unvested restricted stock units. |
| F4 | Effective September 12, 2023, Leafly Holdings, Inc. effected a one-for-twenty reverse stock split of its common stock (the "Reverse Stock Split"). The amount of securities reported on this Form 4 have been adjusted to reflect the Reverse Stock Split. |
| F5 | This total includes 471 shares acquired by the reporting person under the Leafly Holdings, Inc. 2021 Employee Stock Purchase Plan in transactions exempt from reporting. |