M. Scott Faris - 23 Jul 2021 Form 4 Insider Report for Luminar Technologies, Inc./DE (LAZR)

Role: Chief Business Officer
Signature: /s/ Anthony Cooke, as Attorney-in-Fact
Issuer symbol: LAZR
Transactions as of: 23 Jul 2021
Net transactions value: $0
Form type: 4
Filing time: 27 Jul 2021, 17:23:57 UTC
Next filing: 15 Nov 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	Award	$0	+204,918	+25%	$0.000000	1,022,774	23 Jul 2021	Direct	F1

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

Explanation of Responses:

Id	Content
F1	Represents shares of Class A common stock underlying a time-based restricted stock unit award ("RSU"). Subject to the continuous service of the Reporting Person on each vesting date, the RSU will vest as follows: 10% of the total shares underlying the RSU will vest on January 1 of each of 2022 and 2023, respectively; an additional 15% of the total shares underlying the RSU will vest on January 1 of each of 2024 and 2025, respectively; an additional 20% of the total shares underlying the RSU will vest on January 1, 2026; and the remaining 30% of the total shares underlying the RSU will vest on January 1, 2027.

Content

Represents shares of Class A common stock underlying a time-based restricted stock unit award ("RSU"). Subject to the continuous service of the Reporting Person on each vesting date, the RSU will vest as follows: 10% of the total shares underlying the RSU will vest on January 1 of each of 2022 and 2023, respectively; an additional 15% of the total shares underlying the RSU will vest on January 1 of each of 2024 and 2025, respectively; an additional 20% of the total shares underlying the RSU will vest on January 1, 2026; and the remaining 30% of the total shares underlying the RSU will vest on January 1, 2027.