Filing Details

Accession Number:
0001213900-21-030266
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-06-01 16:18:35
Reporting Period:
2021-05-27
Accepted Time:
2021-06-01 16:18:35
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1762322 Shift Technologies Inc. SFT Retail-Auto Dealers & Gasoline Stations (5500) 825325852
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1828617 Tobias Russell C/O Shift Technologies, Inc.
2525 16Th Street, Suite 310
San Francisco CA 94103
See Remarks Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2021-05-27 10,000 $7.08 3,063,781 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Footnotes
  1. Includes 109,944 shares held in escrow ("Additional Shares"). If the reported closing sale price of the Company's common stock does not exceed $12.00 per share for 20 out of any 30 consecutive trading days during the first 12 months following October 13, 2020, then 50% of the Additional Shares will be returned to the Company (and either placed into treasury or retired, in the discretion of the Company). If such threshold is reached, such Additional Shares will be released from escrow. If the reported closing sale price of our common stock does not exceed $15.00 per share for 20 out of any 30 consecutive trading days during the first 30 months following October 13, 2020, then 50% of the Additional Shares will be returned to the Company (and either placed into treasury or retired, in the discretion of the Company). If such threshold is reached, such Additional Shares will be released from escrow.