Stephens Group, LLC - Jul 23, 2021 Form 4 Insider Report for CS Disco, Inc. (LAW)

Role: 10%+ Owner
Signature: The Stephens Group, LLC, /s/ Ronald M. Clark, COO & General Counsel
Stock symbol: LAW
Transactions as of: Jul 23, 2021
Transactions value $: $0
Form type: 4
Date filed: 7/27/2021, 07:33 PM
Previous filing: Jul 20, 2021
Next filing: Sep 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		+10.3M	+4857.55%		10.6M	Jul 23, 2021	See footnote	F1, F2

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

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Date	Underlying Class	Amount	Ownership	Footnotes
transaction	LAW	Series C Preferred Stock	Conversion of derivative security	$0	-6.66M	-100%	$0.00^*	Jul 23, 2021	Common Stock	6.66M	See footnote	F1, F2
transaction	LAW	Series D Preferred Stock	Conversion of derivative security	$0	-2.51M	-100%	$0.00^*	Jul 23, 2021	Common Stock	2.51M	See footnote	F1, F2
transaction	LAW	Series E Preferred Stock	Conversion of derivative security	$0	-498K	-100%	$0.00^*	Jul 23, 2021	Common Stock	498K	See footnote	F1, F2
transaction	LAW	Series F Preferred Stock	Conversion of derivative security	$0	-673K	-100%	$0.00^*	Jul 23, 2021	Common Stock	673K	See footnote	F1, 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 C Preferred Stock, Series D Preferred Stock, Series E Preferred Stock and Series F Preferred Stock was convertible at any time at the option of the holder, without payment of additional consideration, into Common Stock, on a one for one basis, had no expiration date and automatically convert into shares of Common Stock upon the closing of the Issuer's initial public offering.
F2	The shares are held by SG-Disco, LLC ("SG-Disco"). The Stephens Group, LLC ("The Stephens Group") is the sole manager of SG-Disco and has voting and dispositive power over the shares held by SG-Disco. Investment and voting decisions with respect to the shares beneficially owned by The Stephens Group are made by W.R. Stephens, Jr. and Elizabeth S. Campbell, acting as an executive committee. Mr. Stephens and Ms. Campbell may be deemed to possess voting and dispositive control over the shares held by SG-Disco.

Content

Each share of Series C Preferred Stock, Series D Preferred Stock, Series E Preferred Stock and Series F Preferred Stock was convertible at any time at the option of the holder, without payment of additional consideration, into Common Stock, on a one for one basis, had no expiration date and automatically convert into shares of Common Stock upon the closing of the Issuer's initial public offering.

The shares are held by SG-Disco, LLC ("SG-Disco"). The Stephens Group, LLC ("The Stephens Group") is the sole manager of SG-Disco and has voting and dispositive power over the shares held by SG-Disco. Investment and voting decisions with respect to the shares beneficially owned by The Stephens Group are made by W.R. Stephens, Jr. and Elizabeth S. Campbell, acting as an executive committee. Mr. Stephens and Ms. Campbell may be deemed to possess voting and dispositive control over the shares held by SG-Disco.