Key facts
- This page summarizes John Patrick Zimmer's Form 4 filing for Lyft, Inc. (LYFT).
- 4 reported transactions and 3 derivative rows are listed below.
- Accepted by SEC: 25 Mar 2024, 18:54.
John Patrick Zimmer - 21 Mar 2024 Form 4 Insider Report for Lyft, Inc. (LYFT)
- Reporting relationship
- Director
- Issuer ticker
- LYFT
- Reported as of
- 21 Mar 2024
- Net transaction value
- -$4,593,970
- SEC form
- 4
- Accepted by SEC
- 25 Mar 2024, 18:54:08 UTC
- Prior SEC filing
- 04 Mar 2024
- Next SEC filing
- 22 May 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Kevin C. Chen, by power of attorney
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
John Patrick Zimmer filed Form 4 for Lyft, Inc. (LYFT) on 25 Mar 2024.
Change
- Previous filing in this sequence was filed on 04 Mar 2024.
- Current net transaction value: -$4,593,970.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
LYFT
transaction
Class A Common Stock
Conversion of derivative security
- Transaction value
- Shares
- +36,000
- Change %
- Price
- Shares after
- 36,000
- Date
- 21 Mar 2024
- Ownership
- See Footnote
- Footnotes
- F1, F2, F3
LYFT
transaction
Class A Common Stock
Sale
- Transaction value
- $721,566
- Shares
- -36,000
- Change %
- -100%
- Price
- $20.04
- Shares after
- 0
- Date
- 21 Mar 2024
- Ownership
- See Footnote
- Footnotes
- F3, F4, F5
LYFT
transaction
Class A Common Stock
Sale
- Transaction value
- $3,872,404
- Shares
- -193,200
- Change %
- -17%
- Price
- $20.04
- Shares after
- 932,544
- Date
- 21 Mar 2024
- Ownership
- Direct
- Footnotes
- F4, F5, F6
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
LYFT
transaction
Derivative
Class B Common Stock
Conversion of derivative security
- Transaction value
- $0
- Shares
- -36,000
- Change %
- -4.1%
- Price
- $0.000000
- Shares after
- 837,605
- Date
- 21 Mar 2024
- Ownership
- See Footnote
- Underlying class
- Class A Common Stock
- Underlying amount
- 36,000
- Exercise price
- Footnotes
- F1, F2, F3
LYFT
holding
Derivative
Class B Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 1,750,302
- Date
- 21 Mar 2024
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 1,750,302
- Exercise price
- Footnotes
- F2
LYFT
holding
Derivative
Class B Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 500,620
- Date
- 21 Mar 2024
- Ownership
- See Footnote
- Underlying class
- Class A Common Stock
- Underlying amount
- 500,620
- Exercise price
- Footnotes
- F2, F7
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Rule 10b5-1 trading plan
These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.
Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).
Explanation of responses 7 footnotes
Footnote F1
Each share of Class A Common Stock was issued upon conversion of one share of Class B Common Stock at the election of the Reporting Person.
Footnote F2
Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of Class A Common Stock and has no expiration date.
Footnote F3
These shares are held by The Zimmer 2014 Irrevocable Trust dated June 16, 2014.
Footnote F4
These shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 31, 2023.
Footnote F5
This transaction was executed in multiple trades at prices ranging from $20.00 to $20.13. 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.
Footnote F6
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.
Footnote F7
These shares are held by The John Zimmer Living Trust dated July 30, 2015, for which Mr. Zimmer serves as trustee.