Jun Hong Heng - Sep 29, 2023 Form 4 Insider Report for Luminar Technologies, Inc./DE (LAZR)

Role
Director
Signature
/s/ Jun Hong Heng
Stock symbol
LAZR
Transactions as of
Sep 29, 2023
Transactions value $
$72,499
Form type
4
Date filed
10/2/2023, 09:06 AM
Previous filing
Sep 28, 2023
Next filing
Dec 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LAZR Class A Common Stock Award $72.5K +13.8K +17.57% $5.27 92.1K Sep 29, 2023 Direct F1, F2
holding LAZR Class A Common Stock 393K Sep 29, 2023 By Heng Zhao JT Revocable Trust
holding LAZR Class A Common Stock 697K Sep 29, 2023 By Crescent Cove Capital II LP F3
holding LAZR Class A Common Stock 1.09M Sep 29, 2023 By Press Room LLC F4
holding LAZR Class A Common Stock 187K Sep 29, 2023 By Crescent Cove Opportunity Fund LP F3
holding LAZR Class A Common Stock 83.1K Sep 29, 2023 By Crescent Cove Opportunity Foreign Intermediary, LLC F3
* 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 Crescent Cove Capital II GP, LLC is the general partner of and Crescent Cove Capital Management, LLC is the investment manager of Crescent Cove Capital II LP. Crescent Cove Opportunity GP, LP is the general partner of and Crescent Cove Advisors, LP is the investment manager of each of Crescent Cove Opportunity Fund LP and Crescent Cove Opportunity Foreign Intermediary, LLC. The reporting person is the managing member of each of such general partners and investment managers, and therefore, may be deemed to hold voting and dispositive power over the shares held by Crescent Cove Capital II LP, Crescent Cove Opportunity Fund LP and Crescent Cove Opportunity Foreign Intermediary, LLC.
F4 The reporting person manages Press Room LLC and may be deemed to hold voting and dispositive power over the shares held by Press Room LLC. The reporting person disclaims beneficial ownership of the shares held by Press Room LLC.