Michael S. Lafair - 20 Dec 2021 Form 4 Insider Report for CS Disco, Inc. (LAW)

Role
Chief Financial Officer
Signature
/s/ Michael Lafair, Attorney-in-Fact
Issuer symbol
LAW
Transactions as of
20 Dec 2021
Net transactions value
-$1,021,631
Form type
4
Filing time
22 Dec 2021, 15:31:40 UTC
Previous filing
17 Nov 2021
Next filing
30 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 $45,952 +30,635 +8.4% $1.50* 397,164 20 Dec 2021 Direct
transaction LAW Common Stock Sale $548,720 -15,993 -4% $34.31 381,171 20 Dec 2021 Direct F1, F2
transaction LAW Common Stock Sale $344,864 -9,842 -2.6% $35.04 371,329 20 Dec 2021 Direct F1, F3
transaction LAW Common Stock Sale $174,000 -4,800 -1.3% $36.25 366,529 20 Dec 2021 Direct F1, F4

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 -30,635 -14% $0.000000 195,249 20 Dec 2021 Common Stock 30,635 $1.50 Direct F5
* 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 $33.76 to $34.75 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) and (4).
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.76 to $35.74 inclusive.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.81 to $36.79 inclusive.
F5 Twenty-five percent (25%) of the shares underlying the 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 each vesting date.