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Ownership Document
|
| Schema Version: X0306 |
| Document Type: 4 |
| Period of Report: 3/1/20 |
| Not Subject to Section 16: 0 |
| Issuer: |
| Issuer CIK: 1365038 |
| Issuer Name: LEAF GROUP LTD. |
| Issuer Trading Symbol: LEAF |
| Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1441280 |
| | Owner Name: MORIARTY SEAN P |
| Reporting Owner Address: |
| | Owner Street 1: 1655 26TH STREET |
| | Owner Street 2: |
| | Owner City: SANTA MONICA |
| | Owner State: CA |
| | Owner ZIP Code: 90404 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? Yes |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: Chief Executive Officer |
| | Other Text: |
| Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock, $.0001 par value |
| | Transaction Date: |
| | | Value: 3/1/20 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: F |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 26,721 |
| Footnote ID: F1 |
| | | Transaction Price Per Share: |
| Value: 2.63 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 586,120 |
| Footnote ID: F2 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Table: |
| Footnotes: |
| Footnote - F1: Upon the vesting of 77,778 restricted stock units ("RSUs") previously granted to the reporting person, Leaf Group Ltd. withheld 26,721 shares to cover the reporting person's tax withholding obligation with respect to the vesting of such RSUs. |
| Footnote - F2: Includes 200,004 unvested RSUs. |
| Owner Signature: |
| Signature Name: /s/ Adam Wergeles, as Attorney-in-Fact for Sean Moriarty |
| Signature Date: 3/3/20 |
