Thomas Fennimore - Jun 5, 2023 Form 4 Insider Report for Luminar Technologies, Inc./DE (LAZR)

Signature
/s/ Thomas J. Fennimore
Stock symbol
LAZR
Transactions as of
Jun 5, 2023
Transactions value $
-$119,263
Form type
4
Date filed
6/7/2023, 06:03 PM
Previous filing
Mar 8, 2023
Next filing
Sep 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LAZR Class A Common Stock Sale -$119K -16.5K -2.27% $7.21 711K Jun 5, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale reported on this Form 4 represents shares sold by the reporting person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. The sale is mandated by the issuer's policy which requires the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the reporting person.