Michael S. Lafair - 15 Nov 2021 Form 4 Insider Report for CS Disco, Inc. (LAW)

Role
Chief Financial Officer
Signature
/s/ Jason Minio, Attorney-in-Fact
Issuer symbol
LAW
Transactions as of
15 Nov 2021
Net transactions value
-$2,129,546
Form type
4
Filing time
17 Nov 2021, 18:06:35 UTC
Previous filing
21 Sep 2021
Next filing
22 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LAW Common Stock Options Exercise $54,126 +36,084 +11% $1.50* 372,613 15 Nov 2021 Direct
transaction LAW Common Stock Sale $1,168,709 -23,520 -6.3% $49.69 349,093 15 Nov 2021 Direct F1, F2
transaction LAW Common Stock Sale $410,971 -8,063 -2.3% $50.97* 341,030 15 Nov 2021 Direct F1, F3
transaction LAW Common Stock Sale $231,982 -4,501 -1.3% $51.54* 336,529 15 Nov 2021 Direct F1, F4
transaction LAW Common Stock Options Exercise $57,756 +38,504 +11% $1.50* 375,033 16 Nov 2021 Direct
transaction LAW Common Stock Sale $409,182 -8,101 -2.2% $50.51* 366,932 16 Nov 2021 Direct F1, F5
transaction LAW Common Stock Sale $20,585 -403 -0.11% $51.08* 366,529 16 Nov 2021 Direct F1, F6

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 Employee Stock Option (right to buy) Options Exercise $0 -36,084 -12% $0.000000 264,388 15 Nov 2021 Common Stock 36,084 $1.50 Direct F7
transaction LAW Employee Stock Option (right to buy) Options Exercise $0 -38,504 -15% $0.000000 225,884 16 Nov 2021 Common Stock 38,504 $1.50 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares were sold pursuant to a Rule 10b5-1 trading plan.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.50 to $50.49 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2), (3), (4), (5) and (6).
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.50 to $51.48 inclusive.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $51.50 to $51.66 inclusive.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.00 to $50.99 inclusive.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $51.01 to $51.30 inclusive.
F7 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.