Logan Green - Mar 22, 2022 Form 4 Insider Report for Lyft, Inc. (LYFT)

Role
Chief Executive Officer, Director
Signature
/s/ Kevin C. Chen, by power of attorney
Stock symbol
LYFT
Transactions as of
Mar 22, 2022
Transactions value $
$0
Form type
4
Date filed
3/24/2022, 08:20 PM
Previous filing
Feb 23, 2022
Next filing
May 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LYFT Class A Common Stock Award $0 +325K +140.8% $0.00 555K Mar 22, 2022 Direct F1, F2
transaction LYFT Class A Common Stock Award $0 +30K +5.4% $0.00 585K Mar 22, 2022 Direct 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-twelfth 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.
F2 Certain of these securities are RSUs and performance stock units (PSUs). Each RSU and PSU represents a contingent right to receive one share of Class A Common Stock, subject to the applicable vesting schedule and conditions of each RSU and PSU.
F3 These securities are PSUs. Each PSU represents a contingent right to receive one share of Class A Common Stock. Vesting of the PSUs generally requires (1) the Issuer's share price to be at least $100 for 60 consecutive trading days during a 3-year performance period ending February 20, 2025, and (2) the Reporting Person continuing as a service provider through the end of the performance period.