Kapral Lisa Blackwood - Dec 1, 2023 Form 4 Insider Report for Lyft, Inc. (LYFT)

Role
Chief Accounting Officer
Signature
/s/ Kevin C. Chen, by power of attorney
Stock symbol
LYFT
Transactions as of
Dec 1, 2023
Transactions value $
-$230,289
Form type
4
Date filed
12/5/2023, 08:07 PM
Previous filing
Nov 21, 2023
Next filing
Dec 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LYFT Class A Common Stock Sale -$139K -11.6K -3.62% $11.96 309K Dec 1, 2023 Direct F1, F2, F3
transaction LYFT Class A Common Stock Sale -$91.8K -7K -2.27% $13.11 302K Dec 1, 2023 Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 These shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 31, 2023.
F2 This transaction was executed in multiple trades at prices ranging from $11.58 to $12.49. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
F3 Certain of these securities are restricted stock units (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.
F4 This transaction was executed in multiple trades at prices ranging from $12.595 to $13.355. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.