Michael S. Lafair - 03 Mar 2022 Form 4 Insider Report for CS Disco, Inc. (LAW)

Role: Chief Financial Officer
Signature: /s/ Michael Lafair
Issuer symbol: LAW
Transactions as of: 03 Mar 2022
Net transactions value: -$478,199
Form type: 4
Filing time: 07 Mar 2022, 15:51:01 UTC
Previous filing: 02 Mar 2022
Next filing: 04 Apr 2022
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	$21,000	+14,000	+3.5%	$1.50^*	411,331	03 Mar 2022	Direct
transaction	LAW	Common Stock	Sale	$184,882	-5,509	-1.3%	$33.56	405,822	03 Mar 2022	Direct	F1, F2
transaction	LAW	Common Stock	Sale	$282,508	-8,191	-2%	$34.49	397,631	03 Mar 2022	Direct	F1, F3
transaction	LAW	Common Stock	Sale	$10,809	-300	-0.08%	$36.03	397,331	03 Mar 2022	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	$21,000	-14,000	-11%	$1.50^*	116,049	03 Mar 2022	Common Stock	14,000	$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 $33.10 to $34.07 inclusive. The Reporting Person undertakes to price 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 $34.10 to $35.03 inclusive.
F4	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.69 to $36.50 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.