AEG Holdings, LLC - Sep 29, 2023 Form 4 Insider Report for Luminar Technologies, Inc./DE (LAZR)

Role
Director
Signature
AEG HOLDINGS, LLC, By: /s/ Andrew McBride, Attorney-in-Fact
Stock symbol
LAZR
Transactions as of
Sep 29, 2023
Transactions value $
$49,996
Form type
4
Date filed
10/2/2023, 09:05 AM
Previous filing
Jun 9, 2023
Next filing
Jun 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LAZR Class A Common Stock Award $50K +9.5K +13.3% $5.27 80.9K Sep 29, 2023 Direct F1, F2
holding LAZR Class A Common Stock 4.58M Sep 29, 2023 See Footnotes F3, F4
holding LAZR Class A Common Stock 153K Sep 29, 2023 See Footnotes F4, F5
holding LAZR Class A Common Stock 248K Sep 29, 2023 See Footnotes F4, F6
holding LAZR Class A Common Stock 150K Sep 29, 2023 See Footnotes F4, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents Restricted Stock Units ("RSUs") issued to the reporting person in lieu of cash retainer fees, at the election of the reporting person. Each RSU represents the right to receive one share of Class A common stock of the issuer and is fully vested.
F2 The number of RSUs issued in lieu of cash retainer fees is determined by dividing the dollar amount of the cash retainer fees by the average closing price of a share of Class A common stock of the issuer on the Nasdaq Global Select Market for the 30 trading days preceding September 29, 2023, with any fractional share rounded down to the nearest whole share.
F3 Held of record by AEG Holdings, LLC ("AEG" and, together with Alec Gores, the "Reporting Persons"). Mr. Gores is the managing member of AEG. As such, Mr. Gores may be deemed to have beneficial ownership of the securities beneficially owned by AEG.
F4 Because of the relationship among the Reporting Persons, the Reporting Persons may be deemed to beneficially own the securities reported herein to the extent of their respective pecuniary interests. Each Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein, if any. Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), this filing shall not be deemed an admission that the Reporting Persons are, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owners of any equity securities in excess of their respective pecuniary interests.
F5 Held of record by Pacific Credit Corp. ("PCC"). Mr. Gores is a member of and has dispositive powers for PCC. As such, Mr. Gores may be deemed to have beneficial ownership of the securities beneficially owned by PCC.
F6 The securities are held of record by the NBI Irrevocable Trust No. 5, a trust of which the beneficiary is one of the children of Mr. Gores who is a member of his household.
F7 The securities are held of record by the NBI Irrevocable Trust No. 6, a trust of which the beneficiary is one of the children of Mr. Gores who is a member of his household.