Leafly Holdings Inc.

04/23/2024 | Press release | Distributed by Public on 04/23/2024 14:33

Statement of Changes in Beneficial Ownership - Form 4

Ownership Submission
FORM 4
Check this box if no longer subject to Section 16, Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
Krishnaswamy Suresh
2. Issuer Name and Ticker or Trading Symbol
Leafly Holdings, Inc. /DE [LFLY]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
CFO /
(Last) (First) (Middle)
113 CHERRY STREET , PMB 88154
3. Date of Earliest Transaction (Month/Day/Year)
(Street)
SEATTLE WA 981042205
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Join/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code 4. Securities Acquired (A) or Disposed of (D) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) 6. Ownership Form: Direct (D) or Indirect (I) 7. Nature of Indirect Beneficial Ownership
Code V Amount (A) or (D) Price
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code 5. Number of Derivative Securities Acquired (A) or Disposed of (D) 6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security 8. Price of Derivative Security 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) 11. Nature of Indirect Beneficial Ownership
Code V (A) (D) Date Exercisable Expriation Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Krishnaswamy Suresh
113 CHERRY STREET
PMB 88154
SEATTLE, WA981042205


CFO

Signatures

/s/ Yoko Miyashita, as attorney-in-fact for Suresh Krishnaswamy 2024-04-23
**Signature of Reporting Person Date

Explanation of Responses:

(*) If the form is filed by more than one reporting person, see Instruction 5(b)(v).
(**) Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Represents shares withheld by the Issuer to satisfy withholding taxes due in connection with the vesting of certain restricted stock units granted to the reporting person on August 17, 2022, at a net settlement price equal to the closing stock price on April 22, 2024. 1/16 of these restricted stock units vested on October 20, 2022, with the remainder vesting 1/16 quarterly until fully vested.
(2) Represents shares withheld by the Issuer to satisfy withholding taxes due in connection with the vesting of certain restricted stock units granted to the reporting person on October 6, 2022, at a net settlement price equal to the closing stock price on April 22, 2024. 1/16 of these restricted stock units vested on October 20, 2022, with the remainder vesting 1/16 quarterly until fully vested.
(3) Represents shares withheld by the Issuer to satisfy withholding taxes due in connection with the vesting of certain restricted stock units granted to the reporting person on July 25, 2023, at a net settlement price equal to the closing stock price on April 22, 2024. Such restricted stock units are scheduled to vest in 1/8 equal installments on August 20, 2023, October 20, 2023, January 20, 2024, April 20, 2024, July 20, 2024, October 20, 2024, January 20, 2025 and April 20, 2025.
(4) Represents shares withheld by the Issuer to satisfy withholding taxes due in connection with the vesting of certain restricted stock units granted to the reporting person on November 30, 2023, at a net settlement price equal to the closing stock price on April 22, 2024. Such restricted stock units are scheduled to vest in 1/4 equal installments on January 20, 2024, April 20, 2024, July 20, 2024 and October 20, 2024.
(5) Represents shares withheld by the Issuer to satisfy withholding taxes due in connection with the vesting of certain restricted stock units granted to the reporting person on February 28, 2024, at a net settlement price equal to the closing stock price on April 22, 2024. Such restricted stock units are scheduled to vest in 1/4 equal installments on each of April 20, 2024, July 20, 2024, October 20, 2024 and January 20, 2025.
(6) This total includes 500 shares acquired by the reporting person under the Leafly Holdings, Inc. 2021 Employee Stock Purchase Plan in a transaction exempt from reporting.
(7) Represents 19,906 shares of common stock and 23,456 unvested restricted stock units.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.