Form 4: Leafly Holdings CFO Suresh Krishnaswamy Reports Changes in Beneficial Ownership
SEC Form 4 Filing
CFO of Leafly Holdings, Suresh Krishnaswamy, reports acquisition of restricted stock units and holdings of common stock and unvested restricted stock units.
Summary
- On February 28, 2024, Suresh Krishnaswamy, CFO of Leafly Holdings, reported changes in beneficial ownership to the SEC.
- Krishnaswamy acquired 17,000 shares of common stock through restricted stock units granted under the 2021 Equity Incentive Plan.
- These restricted stock units vest in equal quarterly installments starting April 20, 2024, and ending January 20, 2025.
- Following the reported transaction, Krishnaswamy beneficially owns 44,993 shares, including 14,366 shares of common stock and 30,627 unvested restricted stock units.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, reflecting standard executive compensation practices.
Positives
- The grant of restricted stock units aligns the CFO's interests with the company's long-term performance.
- The vesting schedule encourages continued service and contribution to Leafly Holdings.
Industry Context
This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies.
Stakeholder Impact
- The vesting of restricted stock units may incentivize the CFO to focus on long-term value creation for shareholders.
Key Dates
| Date | Description |
|---|---|
| 02/28/2024 | Date of transaction: Acquisition of restricted stock units. |
| 03/01/2024 | Date of signature on the Form 4 filing. |
| 04/20/2024 | First vesting date for the restricted stock units. |
| 07/20/2024 | Second vesting date for the restricted stock units. |
| 10/20/2024 | Third vesting date for the restricted stock units. |
| 01/20/2025 | Final vesting date for the restricted stock units. |
Keywords
Leafly Holdings, Suresh Krishnaswamy, CFO, Form 4, Beneficial Ownership, Restricted Stock Units, Equity Incentive Plan, Vesting
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