John Patrick Zimmer - 22 Mar 2022 Form 4 Insider Report for Lyft, Inc. (LYFT)

Role
President, Director
Signature
/s/ Kevin C. Chen, by power of attorney
Issuer symbol
LYFT
Transactions as of
22 Mar 2022
Net transactions value
$0
Form type
4
Filing time
24 Mar 2022, 20:24:24 UTC
Previous filing
23 Feb 2022
Next filing
24 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LYFT Class A Common Stock Award $0 +324,643 +27% $0.000000 1,516,381 22 Mar 2022 Direct F1, F2
transaction LYFT Class A Common Stock Award $0 +30,000 +2% $0.000000 1,546,381 22 Mar 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.