Form 4 for LYFT Lyft, Inc.

Accepted 2023-03-29 00:00:00 ET · period of report 2023-03-27 · accession 0001209191-23-021570 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
	2023-03-29	2023-03-27	LYFT	Risher John David	Dir	A - Grant	$0.00	+12.25M	12.27M	+50,461%	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Class A Common Stock	2023-03-27	A	A	12,250,000	$0.00	12,274,276	D	—	—	(F1) These securities are performance-based restricted stock units (PSUs). Each PSU represents a contingent right to receive one share of Class A Common Stock. The PSUs are eligible to vest based on the Issuer's stock price performance over a five-year performance period beginning on April 17, 2023, as described in the Issuer's Current Report on Form 8-K filed with the Securities and Exchange Commission on March 27, 2023. Upon achievement of the stock price performance target, the PSUs in the applicable tranche will vest 50% upon the certification of achievement by the Compensation Committee of the Issuer's Board of Directors (but no earlier than April 17, 2024) and 50% on the one year anniversary of such certification, subject to the Reporting Person continuing to serve as the Issuer's Chief Executive Officer through each such date. (F2) Certain of these securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Class A Common Stock, subject to the applicable vesting schedule and conditions of each RSU.