AEG Holdings, LLC - 11 Feb 2021 Form 4 Insider Report for Luminar Technologies, Inc./DE (LAZR)

Role
Director
Signature
By: /s/ Andrew McBride, Attorney-in-Fact for AEG Holdings, LLC
Issuer symbol
LAZR
Transactions as of
11 Feb 2021
Net transactions value
$0
Form type
4
Filing time
08 Jun 2021, 18:51:24 UTC
Next filing
11 Jun 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LAZR Class A Common Stock Other -758,425 -38% 1,252,574 18 May 2021 See Footnotes F1, F2, F12
transaction LAZR Class A Common Stock Other +122,534 122,534 18 May 2021 See Footnotes F3, F12
transaction LAZR Class A Common Stock Other +98,145 98,145 18 May 2021 See Footnotes F4, F12
transaction LAZR Class A Common Stock Other -6,001,119 -67% 2,931,381 31 May 2021 See Footnotes F5, F6, F12
transaction LAZR Class A Common Stock Other +30,000 +24% 152,534 31 May 2021 See Footnotes F7, F12
transaction LAZR Class A Common Stock Other +150,000 +153% 248,145 31 May 2021 See Footnotes F8, F12
transaction LAZR Class A Common Stock Other +150,000 150,000 31 May 2021 See Footnotes F9, F12

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LAZR Warrants to Purchase Shares of Class A Common Stock Other -3,333,333 -100% 0 11 Feb 2021 Class A Common Stock 3,333,333 $11.50 See Footnotes F6, F10, F12
transaction LAZR Warrants to Purchase Shares of Class A Common Stock Other +1,386,325 1,386,325 11 Feb 2021 Class A Common Stock 1,386,325 $11.50 See Footnotes F2, F11, F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 18, 2021, AEG Holdings, LLC ("AEG") made an in-kind distribution of shares of Class A common stock, par value $0.0001 per share ("Class A Shares") of Luminar Technologies, Inc. (the "Issuer") to each of four trusts that are members of AEG pro rata in accordance with their respective pecuniary interests therein. The receipt of such Class A Shares was exempt pursuant to Rule 16a-13 ("Rule 16a-13") under the Securities Exchange Act of 1934, as amended.
F2 The securities reported in this transaction are held of record by AEG. Alec Gores is the managing member of AEG. As such, Alec Gores may be deemed to have beneficial ownership of the securities beneficially owned by AEG.
F3 The NBI Irrevocable Trust No. 4, a trust of which the beneficiary is one of the children of Mr. Gores who is a member of his household, received 122,534 of the Class A Shares distributed by AEG in the distribution described in footnote 1 above. The receipt of such Class A Shares was exempt pursuant to Rule 16a-13.
F4 The NBI Irrevocable Trust No. 5, a trust of which the beneficiary is one of the children of Mr. Gores who is a member of his household, received 98,145 of the Class A Shares distributed by AEG in the distribution described in footnote 1 above. The receipt of such Class A Shares was exempt pursuant to Rule 16a-13.
F5 On May 31, 2021, GM Sponsor, LLC ("GM") made an in-kind distribution of shares of Class A Shares to each of its members pro rata in accordance with their respective pecuniary interests therein. The receipt of such shares was exempt pursuant to Rule 16a-13.
F6 The securities reported in this transaction are held of record by GM. AEG is the managing member of GM. Alec Gores is the managing member of AEG (Mr. Gores, together with GM and AEG, the "Reporting Persons"). As such, Alec Gores may be deemed to have beneficial ownership of the securities beneficially owned by GM and AEG.
F7 The NBI Irrevocable Trust No. 4, a trust of which the beneficiary is one of the children of Mr. Gores who is a member of his household, received 30,000 of the Class A Shares distributed by GM in the distribution described in footnote 1 above. The receipt of such Class A Shares was exempt pursuant to Rule 16a-13.
F8 The NBI Irrevocable Trust No. 5, a trust of which the beneficiary is one of the children of Mr. Gores who is a member of his household, received 150,000 of the Class A Shares distributed by GM in the distribution described in footnote 1 above. The receipt of such Class A Shares was exempt pursuant to Rule 16a-13.
F9 The NBI Irrevocable Trust No. 6, a trust of which the beneficiary is one of the children of Mr. Gores who is a member of his household, received 150,000 of the Class A Shares distributed by GM in the distribution described in footnote 1 above. The receipt of such Class A Shares was exempt pursuant to Rule 16a-13.
F10 On February 21, 2021, GM made an in-kind distribution of such warrants to each of its members pro rata in accordance with their respective pecuniary interests therein immediately prior to the Issuer's initial business combination. The receipt of such warrants was exempt pursuant to Rule 16a-13.
F11 AEG received 1,386,325 of the warrants distributed by GM in the distribution described in footnote 10 above. The receipt of such warrants was exempt pursuant to Rule 16a-13.
F12 Because of the relationship among the Reporting Persons, the Reporting Persons may be deemed to beneficially own the securities reported herein to the extent of their respective pecuniary interests. Each Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein, if any. Pursuant to Rule 16a-1(a)(4) under the Exchange Act, this filing shall not be deemed an admission that the Reporting Persons are, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owners of any equity securities in excess of their respective pecuniary interests.