Richard Preece - Dec 29, 2023 Form 4 Insider Report for LEGALZOOM.COM, INC. (LZ)

Signature
/s/ Michelle Sparks, Attorney-in-Fact for Richard Preece
Stock symbol
LZ
Transactions as of
Dec 29, 2023
Transactions value $
-$113,544
Form type
4
Date filed
1/2/2024, 04:58 PM
Previous filing
Dec 1, 2023
Next filing
Feb 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LZ Common Stock Sale -$114K -9.46K -1.7% $12.00 547K Dec 29, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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).

Explanation of Responses:

Id Content
F1 This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 31, 2023.
F2 As of the date of this filing, includes 402,099 RSUs which are payable in an equivalent number of shares of the Issuer's common stock.