Austin Russell - 01 Jul 2021 Form 4 Insider Report for Luminar Technologies, Inc./DE (LAZR)

Role: Chairperson, President & CEO, Director, 10%+ Owner
Signature: /s/ Anthony Cooke, as Attorney-in-Fact
Issuer symbol: LAZR
Transactions as of: 01 Jul 2021
Net transactions value: -$220,500,000
Form type: 4
Filing time: 02 Jul 2021, 17:19:06 UTC
Next filing: 13 Aug 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	Conversion of derivative security		+10,500,000			10,500,000	01 Jul 2021	Direct	F1
transaction	LAZR	Class A Common Stock	Sale	$220,500,000	-10,500,000	-100%	$21.00	0	01 Jul 2021	Direct

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	Class B Common Stock	Conversion of derivative security		-10,500,000	-10%		94,618,203	01 Jul 2021	Class A Common Stock	10,500,000		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Pursuant to the Issuer's Second Amended and Restated Certificate of Incorporation (the "Charter"), shares of Class B Common Stock have no expiration date and (i) are convertible into shares of Class A Common Stock at the option of the holders of Class B Common Stock at any time upon written notice to the Issuer on a one-for-one basis and (ii) will automatically convert into shares of Class A Common Stock immediately prior to the close of business on the earliest to occur of certain events specified in the Charter.

Content

Pursuant to the Issuer's Second Amended and Restated Certificate of Incorporation (the "Charter"), shares of Class B Common Stock have no expiration date and (i) are convertible into shares of Class A Common Stock at the option of the holders of Class B Common Stock at any time upon written notice to the Issuer on a one-for-one basis and (ii) will automatically convert into shares of Class A Common Stock immediately prior to the close of business on the earliest to occur of certain events specified in the Charter.