Tyson Baber - Jul 23, 2021 Form 4 Insider Report for CS Disco, Inc. (LAW)

Role
Director
Signature
/s/ Jason Minio, Attorney-in-Fact
Stock symbol
LAW
Transactions as of
Jul 23, 2021
Transactions value $
$0
Form type
4
Date filed
7/27/2021, 07:19 PM
Previous filing
Jul 20, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LAW Common Stock Conversion of derivative security +1.55M +296.44% 2.07M Jul 23, 2021 See footnote F1, F2
transaction LAW Common Stock Conversion of derivative security +2.82M +296.44% 3.77M Jul 23, 2021 See footnote F1, F3
transaction LAW Common Stock Conversion of derivative security +33.8K +161.34% 54.8K Jul 23, 2021 See footnote F1, F4
transaction LAW Common Stock Conversion of derivative security +28.3K 28.3K Jul 23, 2021 See footnote F1, F5

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
transaction LAW Series E Preferred Stock Conversion of derivative security $0 -843K -100% $0.00* 0 Jul 23, 2021 Common Stock 843K See footnote F1, F2
transaction LAW Series E Preferred Stock Conversion of derivative security $0 -1.53M -100% $0.00* 0 Jul 23, 2021 Common Stock 1.53M See footnote F1, F3
transaction LAW Series E Preferred Stock Conversion of derivative security $0 -33.8K -100% $0.00* 0 Jul 23, 2021 Common Stock 33.8K See footnote F1, F4
transaction LAW Series F Preferred Stock Conversion of derivative security $0 -706K -100% $0.00* 0 Jul 23, 2021 Common Stock 706K See footnote F1, F2
transaction LAW Series F Preferred Stock Conversion of derivative security $0 -1.29M -100% $0.00* 0 Jul 23, 2021 Common Stock 1.29M See footnote F1, F3
transaction LAW Series F Preferred Stock Conversion of derivative security $0 -28.3K -100% $0.00* 0 Jul 23, 2021 Common Stock 28.3K See footnote F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Series E Preferred Stock and the Series F Preferred Stock was convertible at any time at the holder's election and had no expiration date. Each share of Series E Preferred Stock and Series F Preferred Stock automatically converted into shares of the Issuer's Common stock on a one-for-one basis immediately prior to the completion of the Issuer's initial public offering for no additional consideration.
F2 The reportable securities are owned directly by Georgian Partners Growth Fund IV, LP ("Georgian IV"). Georgian Partners IV GP, LP ("Georgian IV Direct GP") is the sole general partner of Georgian IV and Georgian Partners IV GP Inc. ("Georgian IV Ultimate GP") is the sole general partner of Georgian IV Direct GP. The Reporting Person is a lead investor of Georgian IV Direct GP and Georgian IV Ultimate GP and a member of the Issuer's board of directors. The Reporting Person may be deemed to have shared voting and dispositive power over the shares held by Georgian IV. The Reporting Person disclaims beneficial ownership of these securities and this report shall not be deemed an admission that he is the beneficial owner of such securities for purposes of Section 16 or for any other purpose, except to the extent of his pecuniary interests therein.
F3 The reportable securities are owned directly by Georgian Partners Growth Fund (International) IV, LP ("Georgian International IV"). Georgian IV Direct GP is the sole general partner of Georgian International IV and Georgian IV Ultimate GP is the sole general partner of Georgian IV Direct GP. The Reporting Person is a lead investor of Georgian IV Direct GP and Georgian IV Ultimate GP and a member of the Issuer's board of directors. The Reporting Person may be deemed to have shared voting and dispositive power over the shares held by Georgian International IV. The Reporting Person disclaims beneficial ownership of these securities and this report shall not be deemed an admission that he is the beneficial owner of such securities for purposes of Section 16 or for any other purpose, except to the extent of his pecuniary interests therein.
F4 The reportable securities are owned directly by Georgian Council II ULC ("Georgian Council"). The Reporting Person is a lead investor of Georgian Council and a member of the Issuer's board of directors. The Reporting Person may be deemed to have shared voting and dispositive power over the shares held by Georgian Council. The Reporting Person disclaims beneficial ownership of these securities and this report shall not be deemed an admission that he is the beneficial owner of such securities for purposes of Section 16 or for any other purpose, except to the extent of his pecuniary interests therein.
F5 The reportable securities are owned directly by Georgian Council as bare trustee for the beneficial owners Georgian IV and Georgian International IV. The Reporting Person is a lead investor of Georgian Council and a member of the Issuer's board of directors. The Reporting Person may be deemed to have shared voting and dispositive power over the shares held by Georgian Council. The Reporting Person disclaims beneficial ownership of these securities and this report shall not be deemed an admission that he is the beneficial owner of such securities for purposes of Section 16 or for any other purpose, except to the extent of his pecuniary interests therein.