Form 4 for LYFT Lyft, Inc.

Accepted 2023-07-27 00:00:00 ET · period of report 2023-07-25 · accession 0001209191-23-043512 · 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	2023-07-27	2023-07-25	LYFT	Brewer Erin	CFO	A - Grant	$0.00	+1.97M	1.06M	New	$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	2023-07-25	A	A	909,091	$0.00	1,973,130	D	—	—	(F2) 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 July 25, 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. (F3) 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	2023-07-25	A	A	1,064,039	$0.00	1,064,039	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 November 20, 2023 and on each three-month anniversary thereafter, subject to the Reporting Person continuing as a service provider through each such date.