John Patrick Zimmer - Sep 16, 2024 Form 4 Insider Report for Lyft, Inc. (LYFT)

Role
Director
Signature
/s/ Kevin C. Chen, by power of attorney
Stock symbol
LYFT
Transactions as of
Sep 16, 2024
Transactions value $
-$27,440
Form type
4
Date filed
9/18/2024, 06:51 PM
Previous filing
Aug 22, 2024
Next filing
Nov 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LYFT Class A Common Stock Sale -$27.4K -2.42K -0.26% $11.32 930K Sep 16, 2024 Direct F1, F2
* 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 May 31, 2024.
F2 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.