Form 4: Leafly Holdings Executive Peter Lee Reports Tax Withholding Transactions
SEC Form 4 Filing
Peter Lee, President and COO of Leafly Holdings, reports the withholding of shares to cover tax obligations related to vesting restricted stock units.
Summary
- Peter Lee, the President and COO of Leafly Holdings, Inc., filed a Form 4 detailing changes in beneficial ownership.
- The report indicates that shares of common stock were withheld by the issuer to satisfy tax obligations related to the vesting of restricted stock units (RSUs).
- Specifically, 131 shares were withheld related to RSUs granted on August 17, 2022, and 53 shares were withheld related to RSUs granted on October 6, 2022.
- Both transactions occurred on February 4, 2025, with a settlement price of $0.3004 per share.
- Following these transactions, Lee directly owns 20,734 shares of Leafly Holdings, Inc.
Sentiment
Score: 5
Explanation: This is a neutral filing related to standard tax withholding procedures, with no inherent positive or negative implications for the company's performance.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Key Dates
| Date | Description |
|---|---|
| August 17, 2022 | Date of grant for certain restricted stock units (RSUs). |
| October 6, 2022 | Date of grant for certain restricted stock units (RSUs). |
| February 4, 2025 | Date of the transactions where shares were withheld for tax obligations. |
| February 5, 2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Leafly Holdings, Peter Lee, Beneficial Ownership, Restricted Stock Units, Tax Withholding, LFLY
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.