Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | LYFT | Class A Common Stock | Award | $0 | +1.06M | $0.00 | 1.06M | Jul 25, 2023 | Direct | F1 | |
transaction | LYFT | Class A Common Stock | Award | $0 | +909K | +85.44% | $0.00 | 1.97M | Jul 25, 2023 | Direct | F2, F3 |
Id | Content |
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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 November 20, 2023 and on each three-month anniversary thereafter, subject to the Reporting Person continuing as a service provider through each such date. |
F2 | 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 in four tranches based on the Issuer's stock price performance over certain performance periods during the four years beginning on July 25, 2023. Upon achievement of a stock price performance target and certification of achievement by the Compensation Committee of the Issuer's Board of Directors, the PSUs in the applicable tranche will vest in full if certain service-based vesting conditions applicable to such tranche have been met, subject to the Reporting Person continuing as a service provider through each such date. |
F3 | 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. |