| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | LAZR | Class A Common Stock, par value $0.0001 per share | Options Exercise | $15,942,738 | +1,386,325 | +33% | $11.50 | 5,570,280 | 20 Jan 2022 | See Footnotes | F1, F2 |
| transaction | LAZR | Class A Common Stock, par value $0.0001 per share | Tax liability | $15,941,760 | -985,885 | -18% | $16.17 | 4,584,395 | 20 Jan 2022 | See Footnotes | F1, F2, F3 |
| holding | LAZR | Class A Common Stock, par value $0.0001 per share | 12,692 | 20 Jan 2022 | Direct | ||||||
| holding | LAZR | Class A Common Stock, par value $0.0001 per share | 152,534 | 20 Jan 2022 | See Footnotes | F2, F4 | |||||
| holding | LAZR | Class A Common Stock, par value $0.0001 per share | 248,145 | 20 Jan 2022 | See Footnotes | F2, F5 | |||||
| holding | LAZR | Class A Common Stock, par value $0.0001 per share | 150,000 | 20 Jan 2022 | See Footnotes | F2, F6 |
| 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 | Options Exercise | $0 | -1,386,325 | -100% | $0.000000* | 0 | 20 Jan 2022 | Class A Common Stock, par value $0.0001 per share | 1,386,325 | $11.50 | See Footnotes | F1, F2 |
| Id | Content |
|---|---|
| F1 | The securities reported in this transaction are held of record by AEG Holdings, LLC ("AEG" and, together with Alec Gores, the "Reporting Persons"). 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. |
| F2 | 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 Securities Exchange Act of 1934, as amended (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. |
| F3 | AEG exercised 1,386,325 warrants to purchase shares of Class A common stock of Luminar Technologies, Inc. (formerly known as Gores Metropoulos, Inc., the "Issuer") on a cashless basis. Pursuant to Section 3.3.1(c) of the Warrant Agreement, dated as of January 31, 2019, by and between the Issuer and Continental Stock Transfer & Trust Company (the "Warrant Agreement"), the number of shares of Class A common stock issuable upon exercise of the warrants was determined based upon the "Fair Market Value" (as defined in the Warrant Agreement) of the shares of Class A common stock. The "Fair Market Value" is defined as the average last sale price of the shares of Class A common stock for the ten (10) trading days ending on the third trading day prior to the date on which AEG exercised the warrants. |
| F4 | The securities are held of record by 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. |
| F5 | The securities are held of record by 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. |
| F6 | The securities are held of record by 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. |