Michael Lafair - Dec 29, 2022 Form 4 Insider Report for CS Disco, Inc. (LAW)

Role
EVP, Chief Financial Officer
Signature
/s/ Michael S. Lafair
Stock symbol
LAW
Transactions as of
Dec 29, 2022
Transactions value $
$64,534
Form type
4
Date filed
1/3/2023, 06:46 PM
Previous filing
Dec 5, 2022
Next filing
Feb 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LAW Common Stock Options Exercise $74.9K +50K +12.88% $1.50* 438K Dec 29, 2022 Direct
transaction LAW Common Stock Sale -$10.4K -1.64K -0.37% $6.35 436K Jan 3, 2023 Direct F1, 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
transaction LAW Employee Stock Option (right to buy) Options Exercise $0 +50K $0.00* 0 Dec 29, 2022 Common Stock 50K $1.50 Direct F4
* 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 Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of shares.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.11 to $6.63 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 range.
F4 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.