0001286139-24-000082.txt : 20240710
0001286139-24-000082.hdr.sgml : 20240710
20240710181004
ACCESSION NUMBER: 0001286139-24-000082
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240709
FILED AS OF DATE: 20240710
DATE AS OF CHANGE: 20240710
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Stibel Jeffrey M
CENTRAL INDEX KEY: 0001334852
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35618
FILM NUMBER: 241110722
MAIL ADDRESS:
STREET 1: INTERLAND, INC.
STREET 2: 303 PEACHTREE CENTER AVE., STE. 500
CITY: ATLANTA
STATE: GA
ZIP: 30303
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: LEGALZOOM.COM, INC.
CENTRAL INDEX KEY: 0001286139
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374]
ORGANIZATION NAME: 06 Technology
IRS NUMBER: 954752856
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 954 VILLA STREET
CITY: MOUNTAIN VIEW
STATE: CA
ZIP: 94041
BUSINESS PHONE: 323-962-8600
MAIL ADDRESS:
STREET 1: 954 VILLA STREET
CITY: MOUNTAIN VIEW
STATE: CA
ZIP: 94041
FORMER COMPANY:
FORMER CONFORMED NAME: LEGALZOOM COM INC
DATE OF NAME CHANGE: 20040405
4
1
wk-form4_1720649397.xml
FORM 4
X0508
4
2024-07-09
0
0001286139
LEGALZOOM.COM, INC.
LZ
0001334852
Stibel Jeffrey M
954 VILLA STREET
MOUNTAIN VIEW
CA
94041
1
1
0
0
Chief Executive Officer
0
Common Stock
2024-07-09
4
A
0
5350318
0
A
5452763
D
Common Stock
2024-07-09
4
A
0
535031
0
A
5987794
D
Common Stock
294326
I
By Escondido Children's Trust
Common Stock
537779
I
By Travron Trust
Common Stock
2807719
I
By CES 2020 Trust
Common Stock
2807719
I
By JMS 2020 Trust
The shares of common stock represent performance-based restricted stock units ("PSUs"), with each PSU representing a contingent right to receive one share of the Issuer's common stock. The PSUs may vest, if at all, between 10% and 200% of the target grant date value ("GDV") based on the stock price targets achieved during a five-year performance period (subject to a 44-day extension in certain circumstances). The number of PSUs in Column 4 assumes the maximum stock price target is achieved, resulting in 200% of the target GDV becoming eligible PSUs. Stock price targets will be deemed achieved based on the volume weighted average closing price of the Issuer's common stock during a consecutive 45-day trading period. Upon the Compensation Committee's certification of achievement of a stock price target, 50% of the eligible PSUs will vest immediately and 50% will vest one year from such date, subject to the Reporting Person's continued employment as CEO through the vesting date.
The shares of common stock represent time-based restricted stock units ("RSUs"), with each RSU representing a contingent right to receive one share of the Issuer's common stock. The RSUs vest in substantially equal quarterly installments over a four-year period measured from August 15, 2024, with the first vesting date being November 15, 2024, subject to the Reporting Person's continuous service with the Issuer on each such vesting date.
The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.
/s/ Michelle Sparks, Attorney-in-Fact for Jeffrey M. Stibel
2024-07-10