Valerie B. Jarrett - Jun 15, 2023 Form 4 Insider Report for Lyft, Inc. (LYFT)

Role
Director
Signature
/s/ Kevin C. Chen, by power of attorney
Stock symbol
LYFT
Transactions as of
Jun 15, 2023
Transactions value $
$0
Form type
4
Date filed
6/16/2023, 07:27 PM
Previous filing
Apr 24, 2023
Next filing
Jul 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LYFT Class A Common Stock Award $0 +24.6K +71.65% $0.00 59K Jun 15, 2023 Direct F1, F2
holding LYFT Class A Common Stock 11.2K Jun 15, 2023 See Footnote 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-fourth of the RSUs shall vest on each of August 20, 2023, November 20, 2023, February 20, 2024, and the earlier of May 20, 2024 or the day prior to the date of the Issuer's 2024 annual meeting of stockholders, subject to the Reporting Person continuing as a service provider through each such date. Vested RSUs will be delivered to the Reporting Person on the earlier of (i) immediately prior to a change in control of the Issuer or (ii) within 60 days following the Reporting Person's retirement or separation from service with the Issuer and all of its affiliates.
F2 Certain of these securities are 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.
F3 These shares are held by the Valerie J. Jarrett Revocable Trust, of which the Reporting Person is the trustee and sole beneficiary.