Alan Prescott - Nov 11, 2021 Form 4 Insider Report for Luminar Technologies, Inc./DE (LAZR)

Role
Chief Legal Officer
Signature
/s/ Alan Prescott
Stock symbol
LAZR
Transactions as of
Nov 11, 2021
Transactions value $
$0
Form type
4
Date filed
11/15/2021, 04:13 PM
Previous filing
Aug 13, 2021
Next filing
Jan 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LAZR Class A Common Stock Award $0 +353K +49.54% $0.00 1.07M Nov 11, 2021 Direct F1
transaction LAZR Class A Common Stock Award $0 +370K +34.73% $0.00 1.44M Nov 11, 2021 Direct F2
* 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: 3/16th of the total shares underlying the RSU will vest on January 26, 2022, and thereafter, 1/16th of the total shares underlying the RSU will vest on each quarterly anniversary thereof until the RSU is fully vested.
F2 Represents shares of Class A common stock underlying an 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 November 11 of each of 2022 and 2023, respectively; an additional 15% of the total shares underlying the RSU will vest on November 11 of each of 2024 and 2025, respectively; an additional 20% of the total shares underlying the RSU will vest on November 11, 2026; and the remaining 30% of the total shares underlying the RSU will vest on November 11, 2027.