Filing Details
- Accession Number:
- 0001415889-24-006470
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-03-04 21:12:04
- Reporting Period:
- 2024-02-29
- Accepted Time:
- 2024-03-04 21:12:04
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1759509 | Lyft Inc. | LYFT | Services-Business Services, Nec (7389) | 208809830 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1766269 | Patrick John Zimmer | C/O Lyft, Inc. 185 Berry Street, Suite 400 San Francisco CA 94107 | No | No | 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 | Disposition | 2024-02-29 | 3,327 | $15.69 | 1,125,744 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct |
Footnotes
- These shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 31, 2023.
- This transaction was executed in multiple trades at prices ranging from $15.41 to $15.96. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
- On February 27, 2024, the Compensation Committee of the Board of Directors of the Issuer determined that the applicable performance targets for 75,000 performance-based restricted stock units ("PSUs") granted to the Reporting Person on February 21, 2021 were not achieved. Accordingly, the number of shares beneficially owned reflects the forfeiture of such PSUs.
- Certain of these securities are restricted stock units ("RSUs") and PSUs. Each RSU and PSU represents a contingent right to receive one share of Class A Common Stock, subject to the applicable vesting schedule and conditions of each RSU and PSU.