Michael S. Lafair - 31 Dec 2021 Form 4 Insider Report for CS Disco, Inc. (LAW)

Signature
/s/ Michael Lafair
Issuer symbol
LAW
Transactions as of
31 Dec 2021
Net transactions value
-$581,987
Form type
4
Filing time
04 Jan 2022, 17:19:47 UTC
Previous filing
30 Dec 2021
Next filing
02 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LAW Common Stock Options Exercise $6,300 +4,200 +1.1% $1.50* 385,729 31 Dec 2021 Direct
transaction LAW Common Stock Sale $151,116 -4,200 -1.1% $35.98 381,529 31 Dec 2021 Direct F1, F2
transaction LAW Common Stock Options Exercise $21,000 +14,000 +3.7% $1.50* 395,529 03 Jan 2022 Direct
transaction LAW Common Stock Sale $242,089 -7,114 -1.8% $34.03 388,415 03 Jan 2022 Direct F1, F3
transaction LAW Common Stock Sale $185,961 -5,286 -1.4% $35.18 383,129 03 Jan 2022 Direct F1, F4
transaction LAW Common Stock Sale $57,120 -1,600 -0.42% $35.70 381,529 03 Jan 2022 Direct F1, F5
transaction LAW Common Stock Options Exercise $27,000 +18,000 +4.7% $1.50* 399,529 04 Jan 2022 Direct

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 -4,200 -2.3% $0.000000 176,049 31 Dec 2021 Common Stock 4,200 $1.50 Direct F6
transaction LAW Employee Stock Option (right to buy) Options Exercise $0 -14,000 -8% $0.000000 162,049 03 Jan 2022 Common Stock 14,000 $1.50 Direct F6
transaction LAW Employee Stock Option (right to buy) Options Exercise $0 -18,000 -11% $0.000000 144,049 04 Jan 2022 Common Stock 18,000 $1.50 Direct F6
* 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 multiplied transactions at prices ranging from $35.66 to $36.61 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) and (5).
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.53 to $34.51 inclusive.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.53 to $35.52 inclusive.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.58 to $36.06 inclusive.
F6 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.