John David Risher - 27 Mar 2023 Form 4 Insider Report for Lyft, Inc. (LYFT)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
29 Mar 2023, 21:31:41 UTC
Prior SEC filing
24 Jan 2023
Next SEC filing
24 Apr 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Kevin C. Chen, by power of attorney

Key filing fact

John David Risher filed Form 4 for Lyft, Inc. (LYFT) on 29 Mar 2023.

Key facts

  • This page summarizes John David Risher's Form 4 filing for Lyft, Inc. (LYFT).
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 29 Mar 2023, 21:31.

Change

  • Previous filing in this sequence was filed on 24 Jan 2023.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

LYFT transaction

Class A Common Stock

Award

Transaction value
$0
Shares
+12,250,000
Change %
+50461%
Price
$0.000000
Shares after
12,274,276
Date
27 Mar 2023
Ownership
Direct
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

These securities are performance-based restricted stock units (PSUs). Each PSU represents a contingent right to receive one share of Class A Common Stock. The PSUs are eligible to vest based on the Issuer's stock price performance over a five-year performance period beginning on April 17, 2023, as described in the Issuer's Current Report on Form 8-K filed with the Securities and Exchange Commission on March 27, 2023. Upon achievement of the stock price performance target, the PSUs in the applicable tranche will vest 50% upon the certification of achievement by the Compensation Committee of the Issuer's Board of Directors (but no earlier than April 17, 2024) and 50% on the one year anniversary of such certification, subject to the Reporting Person continuing to serve as the Issuer's Chief Executive Officer through each such date.

Footnote 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.

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