Jun Hong Heng - 23 Dec 2024 Form 4 Insider Report for Luminar Technologies, Inc./DE (LAZR)

Role
Director
Signature
/s/ Jun Hong Heng
Issuer symbol
LAZR
Transactions as of
23 Dec 2024
Net transactions value
-$371,254
Form type
4
Filing time
26 Dec 2024, 19:06:30 UTC
Previous filing
07 Jun 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LAZR Class A Common Stock Sale $371,254 -72,842 -100% $5.10 0 23 Dec 2024 By Press Room LLC F1, F2, F3
holding LAZR Class A Common Stock 22,171 23 Dec 2024 By Heng Zhao JT Revocable Trust F1
holding LAZR Class A Common Stock 46,495 23 Dec 2024 By Crescent Cove Capital II LP F1, F4
holding LAZR Class A Common Stock 12,451 23 Dec 2024 By Crescent Cove Opportunity Fund LP F1, F4
holding LAZR Class A Common Stock 5,539 23 Dec 2024 By Crescent Cove Opportunity Foreign Intermediary, LLC F1, F4
holding LAZR Class A Common Stock 14,358 23 Dec 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Effective November 20, 2024, the Issuer effected a 1-for-15 reverse stock split of its Class A Common Stock (the "Reverse Stock Split"). The amount of securities reported on this Form 4 has been adjusted to reflect the Reverse Stock Split.
F2 The range of prices for the shares of Class A Common Stock sold is from $5.00 to $5.35. The Reporting Person undertakes that he will provide, upon request by the staff of the U.S. Securities and Exchange Commission, full information regarding the number of securities sold at each separate price.
F3 The Reporting Person manages Press Room LLC and may be deemed to hold voting and dispositive power over the shares held by Press Room LLC. The reporting person disclaims beneficial ownership of the shares held by Press Room LLC.
F4 Crescent Cove Capital II GP, LLC is the general partner of and Crescent Cove Capital Management, LLC is the investment manager of Crescent Cove Capital II LP. Crescent Cove Opportunity GP, LP is the general partner of and Crescent Cove Advisors, LP is the investment manager of each of Crescent Cove Opportunity Fund LP and Crescent Cove Opportunity Foreign Intermediary, LLC. The reporting person is the managing member of each of such general partners and investment managers, and therefore, may be deemed to hold voting and dispositive power over the shares held by Crescent Cove Capital II LP, Crescent Cove Opportunity Fund LP and Crescent Cove Opportunity Foreign Intermediary, LLC.