Kristin Sverchek - Nov 8, 2021 Form 4 Insider Report for Lyft, Inc. (LYFT)

Role
President of Business Affairs
Signature
/s/ Kevin C. Chen, by power of attorney
Stock symbol
LYFT
Transactions as of
Nov 8, 2021
Transactions value $
$0
Form type
4
Date filed
11/10/2021, 05:56 PM
Previous filing
Nov 3, 2021
Next filing
Nov 23, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LYFT Class A Common Stock Award $0 +20.5K +13.01% $0.00 178K Nov 8, 2021 Direct F1, F2
transaction LYFT Class A Common Stock Award $0 +100K +56.21% $0.00 279K Nov 9, 2021 Direct F2, F3
transaction LYFT Class A Common Stock Award $0 +15.9K +5.7% $0.00 295K Nov 9, 2021 Direct F2, F4
holding LYFT Class A Common Stock 54.1K Nov 8, 2021 See Footnote F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the acquisition of performance stock units (PSUs) upon the determination by the Compensation Committee of the Board of Directors of the Issuer that the performance conditions were met with respect to PSUs granted to the Reporting Person on September 29, 2020. The shares will vest on November 20, 2021, subject to the Reporting Person continuing as a service provider through such date.
F2 Certain of these securities are restricted stock units (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 These securities are RSUs. Each RSU represents a contingent right to receive one share of Class A Common Stock. One-sixteenth of the RSUs shall vest on February 20, 2022 and on each three-month anniversary thereafter, subject to the Reporting Person continuing as a service provider through each such date.
F4 These securities are RSUs. Each RSU represents a contingent right to receive one share of Class A Common Stock. One-fourth of the RSUs shall vest on May 20, 2022 and on each three-month anniversary thereafter, subject to the Reporting Person continuing as a service provider through each such date.
F5 The shares are held by Thomas and Kristin Sverchek Revocable Trust, for which the Reporting Person and her spouse serve as co-trustees.