LegalZoom (LZ) chief legal officer awarded 372,137 time-based RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Miller Nicole reported acquisition or exercise transactions in this Form 4 filing.
LEGALZOOM.COM, INC. chief legal officer Nicole Miller received a grant of 372,137 shares of common stock in the form of time-based restricted stock units (RSUs). Following this equity award, she holds 1,185,170 shares of common stock directly.
The RSUs vest in substantially equal quarterly installments over a three-year period, with the first vesting date on May 15, 2026. Each RSU represents a contingent right to receive one share of common stock, and vesting is conditioned on Miller’s continuous service with the company on each vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Miller Nicole
Role
CHIEF LEGAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 372,137 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,185,170 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did LegalZoom (LZ) report for Nicole Miller?
LegalZoom reported that chief legal officer Nicole Miller received 372,137 time-based RSUs, each representing one share of common stock. This equity award increased her direct holdings to 1,185,170 shares after the transaction, reflecting a compensation-related grant rather than an open-market purchase.
What are the terms of Nicole Miller’s RSU award at LegalZoom (LZ)?
Nicole Miller’s award consists of 372,137 time-based RSUs, each tied to one LegalZoom common share. These RSUs vest in substantially equal quarterly installments over three years, starting May 15, 2026, and require her continuous service with the company on each vesting date.
Does Nicole Miller pay a purchase price for the LegalZoom (LZ) RSUs?
No cash purchase price is involved; the RSUs were granted at a stated price of $0.0000 per share. As a compensation award, shares are delivered as each RSU vests over time, contingent on Nicole Miller’s ongoing service with LegalZoom.
When do Nicole Miller’s LegalZoom (LZ) RSUs start vesting?
The first vesting date for Nicole Miller’s time-based RSUs is May 15, 2026. After that, the RSUs continue to vest in substantially equal quarterly installments over a three-year period, provided she remains in continuous service with LegalZoom on each scheduled vesting date.
What type of insider transaction code appears on this LegalZoom (LZ) Form 4?
The Form 4 uses transaction code “A,” indicating a grant, award, or other acquisition of securities. In this case, it reflects a compensation-related award of 372,137 time-based RSUs to chief legal officer Nicole Miller, not an open-market buy or sale.