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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1365038	Leaf Group Ltd.	LEAF	Services-Computer Processing & Data Preparation (7374)	204731239

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1491495	F. Adam Wergeles	1655 26Th Street Santa Monica CA 90404	Evp, Gen Counsel & Secretary	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, $.0001 Par Value	Disposition	2021-02-16	7,225	$7.18	165,837	No	4	S	Direct
Common Stock, $.0001 Par Value	Disposition	2021-02-16	856	$6.82	164,981	No	4	F	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct
No	4	F	Direct

Footnotes

The sales reported in this Form 4 were effected pursuant to Rule 10b5-1 trading plans dated June 5, 2020 and August 19, 2020, executed by the reporting person.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.02 to $7.40, inclusive. The reporting person undertakes to provide to Leaf Group Ltd. (the "Company"), any security holder of the Company, 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 set forth in footnote (2) to this Form 4.
Upon the vesting of 2,083 restricted stock units ("RSUs") previously granted to the reported person, Leaf Group Ltd. withheld 856 shares to cover the reporting person's tax withholding obligation with respect to the vesting of such RSUs.
Includes 115,835 unvested RSUs.