Michael S. Lafair - 20 Jul 2021 Form 3 Insider Report for CS Disco, Inc. (LAW)

Role
Chief Financial Officer
Signature
/s/ Jason Minio, Attorney-in-Fact
Issuer symbol
LAW
Transactions as of
20 Jul 2021
Net transactions value
$0
Form type
3
Filing time
20 Jul 2021, 21:37:13 UTC
Next filing
27 Jul 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding LAW Common Stock 300,529 20 Jul 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding LAW Series D Preferred Stock 20 Jul 2021 Common Stock 36,000 Direct F1
holding LAW Employee Stock Option (right to buy) 20 Jul 2021 Common Stock 367,196 $1.50 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of Series D Preferred Stock is convertible at any time at the option of the holder, without payment of additional consideration, into Common Stock, on a one for one basis, has no expiration date and is expected to automatically convert into shares of Common Stock upon the closing of the Issuer's initial public offering.
F2 Twenty-five percent (25%) of the shares underlying this option vested on December 31, 2018, and the remainder vested or shall vest in 36 equal monthly installments thereafter, subject to the Reporting Person's continued service to the Issuer through the each vesting date.

Remarks:

Exhibit List - Exhibit 24 - Power of Attorney