David Lawee - Jun 17, 2021 Form 4 Insider Report for Lyft, Inc. (LYFT)

Role
Director
Signature
/s/ Kevin C. Chen, by power of attorney
Stock symbol
LYFT
Transactions as of
Jun 17, 2021
Transactions value $
$0
Form type
4
Date filed
6/22/2021, 08:35 PM
Next filing
Jun 21, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LYFT Class A Common Stock Award $0 +4.42K +37.02% $0.00 16.4K Jun 17, 2021 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Class A Common Stock. One-fourth of the RSUs shall vest on each of August 20, 2021, November 20, 2021, February 20, 2022, and the earlier of May 20, 2022 or the day prior to the date of the Issuer's 2022 annual meeting of stockholders, subject to the Reporting Person continuing as a service provider through each such date. Vested RSUs will be delivered to the Reporting Person on the earlier of (i) immediately prior to a change in control of the Issuer or (ii) within 60 days following the Reporting Person's retirement or separation from service with the Issuer and all of its affiliates.
F2 Certain of these securities are RSUs. Each RSU represents a contingent right to receive one share of Class A Common Stock, subject to the applicable vesting schedule and conditions of each RSU.
F3 This Form 4 relates to the securities of the Issuer. Previously, the Reporting Person reported indirect beneficial ownership of shares of the Issuer directly held by CapitalG Rise LLC ("CapitalG"), which is jointly owned by CapitalG LP and Alphabet Holdings LLC, each of which may be deemed to have sole voting and dispositive power with respect to the shares. The Reporting Person is a partner of CapitalG LP and an executive officer of CapitalG Rise LLC, however, the Reporting Person does not exercise investment control over the shares of the Issuer. As a result, the Reporting Person is no longer deemed to beneficially own the securities of the Issuer directly owned by CapitalG. CapitalG's ownership of the Issuer's securities remains unchanged and this filing is not being made as a result of the purchase or sale of securities of the Issuer by any party, including the Reporting Person.