LEGALZOOM.COM, INC.
For the period ended Jun 3, 2025. Filed Apr 22, 2025.
View on SEC.govAbout this filing
What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
Jun 3, 2025 · Filed Apr 22, 2025
Contents
Proxy Statement Summary
The proxy associated with this Proxy Statement is solicited by the Board of Directors of the Company. This Proxy Statement Summary highlights information contained elsewhere in this Proxy Statement, which is first being sent or made available to stockholders on or about April 22, 2025. This summary does not contain all of the information that you should consider and you should read the entire Proxy Statement before voting.
Meeting Logistics
| DATE AND TIME: Tuesday, June 3, 2025 9:00 a.m., Pacific Time | LOCATION: www.proxydocs.com/LZ | RECORD DATE: Thursday, April 10, 2025 |
| You will need the control number included in your proxy card, voting instruction form or notice | ||
|---|---|---|
Matters To Be Voted Upon
The following table summarizes the proposals to be voted upon at the 2025 annual meeting of stockholders (the “Annual Meeting”) and the Board of Directors’ voting recommendations with respect to each proposal.
| Item of Business | BoardRecommendation | PageReference |
|---|---|---|
| Proposal 1: Election of Directors | FOR | 4 |
| Proposal 2: Ratification of Appointment of Independent Registered Public Accounting Firm | FOR | 51 |
| Proposal 3: Advisory Vote on Named Executive Officer Compensation | FOR | 54 |
Board of Directors Snapshot
| Name | Age | Principal Occupation | Director Since | Other U.S.PublicCompanyBoards | CommitteeMembership(s) |
|---|---|---|---|---|---|
| Nathan Gooden † | 50 | Chief Financial Officer, Squarespace, Inc. | 2024 | - | Audit Compensation |
| Elizabeth Hamren | 53 | Chief Executive Officer, Ring, Inc. (a subsidiary of Amazon.com, Inc.) | 2021 | 1 | Audit Compensation |
| John Murphy †# | 56 | Former Executive Vice President and Chief Financial Officer, Adobe Inc. | 2021 | 2 | Audit (Chair) Nominating |
| Jeffrey Stibel | 51 | Chief Executive Officer and Chair of the Board, LegalZoom.com, Inc. | 2014 | - | - |
| Neil Tolaney † | 42 | General Partner, TCV | 2022 | - | Audit |
| Sivan Whiteley | 48 | Former Chief Legal Officer and Corporate Secretary, Block, Inc. | 2022 | - | Compensation (Chair) Nominating (Chair) |
† Audit Committee Financial Expert # Lead Independent Director
| LegalZoom.com, Inc. 2025 PROXY STATEMENT | 1 |
|---|
Corporate Governance Highlights
In addition to a highly qualified, independent Board, we are committed to sound corporate governance practices that promote the long-term interests of our stockholders. Some of our key corporate governance practices and policies are summarized below, which are each as of the date of this Proxy Statement.
Board Oversight
| + Board-level oversight over succession planning + Regular strategic updates from CEO | + Board-level oversight over environmental, social, and governance (“ESG”) activities | + Board-level oversight over cybersecurity |
Board Structure & Composition
| + 83% of directors are independent + Standing Board committees composed solely of independent directors + No director serves on more than 3 public company boards, including LegalZoom | + Lead Independent Director + Average director tenure of approximately 4 years, with 5 out of 6 directors appointed after 2020 | + 2 out of 6 of directors are female + 1 director identifies as LGBTQ+ + The Compensation Committee and Nominating & Corporate Governance are chaired by a female |
Other Corporate Governance Practices
| + Annual Board and committee evaluations + No hedging or pledging of Company stock + Numerical limit on outside public company board memberships + No poison pill + Clawback policy | + Annual performance evaluation of each named executive officer, which is tied to compensation decisions + Stockholder value driven organization; compensation philosophy is designed to motivate and retain top executive talent and drive organizational performance that is in the best interest of our stockholders in the long term | + Robust stock ownership guidelines for eligible non-employee directors (5x annual retainer) + Meaningful stock ownership by directors and officers + Single class share structure |
| 2 | 2025 PROXY STATEMENT LegalZoom.com, Inc. |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.