Robert deRose - 25 Sep 2024 Form 3 Insider Report for Legacy Education Inc. (LGCY)

Role
10%+ Owner
Signature
/s/ Robert deRose
Issuer symbol
LGCY
Transactions as of
25 Sep 2024
Net transactions value
$0
Form type
3
Filing time
04 Oct 2024, 21:58:28 UTC
Next filing
04 Oct 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding LGCY Common Stock 1,052,974 25 Sep 2024 See footnote F1, F3
holding LGCY Common Stock 98,370 25 Sep 2024 See footnote F2, F3

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 LGCY Option (Right to Buy) 25 Sep 2024 Common Stock 50,000 $3.74 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares are owned directly by the Robert D. deRose & Susan deRose Family Trust DTD 11/18/1986 and indirectly by Robert deRose and Susan deRose as co-trustees of the trust.
F2 These shares are owned directly by the Allison M. deRose Trust DTD 5/29/1991 and indirectly by Robert deRose and Susan deRose as co-trustees of the trust.
F3 Robert deRose and Susan deRose are ten percent owners of the Issuer.
F4 The options vest monthly over a three year period, with the first tranche vesting on April 1, 2024.
F5 Susan deRose disclaims beneficial ownership in the securities held by Robert deRose except to the extent of any pecuniary interest therein.