Form 4 for LYFT Lyft, Inc.
Accepted 2023-04-28 00:00:00 ET · period of report 2023-04-26 · accession 0001209191-23-026169 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2023-04-28 | 2023-04-26 | LYFT | Sverchek Kristin | Pres of Business Affairs | A - Grant | $0.00 | +572.8K | 729.2K | +366% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2023-04-26 | A | A | 359,712 | $0.00 | 516,108 | D | — | — | (F1) These securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Class A Common Stock. One-twelfth of the RSUs shall vest on May 20, 2023 and on each three-month anniversary thereafter, subject to the Reporting Person continuing as a service provider through each such date. (F2) Certain of these securities are 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. |
| 2 | Common | Class A Common Stock | 2023-04-26 | A | A | 213,068 | $0.00 | 729,176 | D | — | — | (F3) 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 in four tranches based on the Issuer's stock price performance over certain performance periods during the four years beginning on April 26, 2023. Upon achievement of a stock price performance target and certification of achievement by the Compensation Committee of the Issuer's Board of Directors, the PSUs in the applicable tranche will vest in full if certain service-based vesting conditions applicable to such tranche have been met, subject to the Reporting Person continuing as a service provider through each such date. (F2) Certain of these securities are 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. |