Filing Details

Accession Number:
0001625641-24-000039
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-02-22 16:29:25
Reporting Period:
2024-02-20
Accepted Time:
2024-02-22 16:29:25
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1625641 Cs Disco Inc. LAW Services-Prepackaged Software (7372) 464254444
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1870164 Michael Lafair 111 Congress Avenue
Suite 900
Austin TX 78701
Evp, Chief Financial Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2024-02-20 4,756 $7.61 729,381 No 4 S Direct
Common Stock Acquisiton 2024-02-22 105,578 $0.00 834,959 No 4 A Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 A Direct
Footnotes
  1. Represents the aggregate number of shares sold by the reporting person as a result of a mandatory sale to cover taxes and fees due upon the release and settlement of RSUs. The reporting person did not sell or otherwise dispose of any of the shares reported on this Form 4 for any reason other than to cover required taxes and fees.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.60 to $7.73 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.
  3. Represents restricted stock units ("RSUs") that were granted in February 2023 subject to performance-based vesting conditions pertaining to 2023 performance, the achievement of which was certified by the Compensation Committee on February 21, 2024. Of these RSUs, 4/12th of the shares will vest after two full business days have elapsed following the Issuer's release of 2023 earnings, and the remainder will vest in eight equal quarterly installments with the first vest date occurring on May 16, 2024, and shall continue to vest on each quarterly date thereafter, subject to the reporting person's continuous service to the Issuer through each vesting date.