Nikki Krishnamurthy - Feb 6, 2024 Form 4 Insider Report for Uber Technologies, Inc (UBER)

Role
SVP and Chief People Officer
Signature
/s/ Carolyn Mo by Power of Attorney for Nikki Krishnamurthy
Stock symbol
UBER
Transactions as of
Feb 6, 2024
Transactions value $
-$665,660
Form type
4
Date filed
2/8/2024, 08:35 PM
Previous filing
Jan 18, 2024
Next filing
Feb 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UBER Common Stock Award +24.5K +9.25% 289K Feb 6, 2024 Direct F1, F2
transaction UBER Common Stock Tax liability -$666K -9.45K -3.26% $70.47 280K Feb 6, 2024 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction UBER Stock Options (Right to buy) Award $0 +200K $0.00 200K Feb 6, 2024 Common Stock 200K $40.82 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of 24,498 restricted stock units ("RSUs") granted to the Reporting Person on October 29, 2018 pursuant to the Uber Technologies, Inc. 2013 Equity Incentive Plan, for which certain performance conditions have been satisfied and for which the time-based condition has been satisfied.
F2 Restricted stock units convert into common stock on a one-for-one basis
F3 Shares withheld to satisfy tax liability upon vesting of restricted stock units on February 6, 2024.
F4 The Reporting Person was granted a stock option to purchase 200,000 shares of common stock on October 29, 2018 pursuant to the Uber Technologies, Inc. 2013 Equity Incentive Plan, subject to certain performance-based and time-based conditions. The option vested as to the time-based condition in five equal annual installments commencing on October 1, 2019 and the time-based condition was satisfied as of October 1, 2023. The option satisfied the performance-based condition on February 6, 2024 due to the achievement over a 90 consecutive day trading period of a fully-diluted equity value of $120 billion based on the average closing price of Uber's common stock during such period. The option became exercisable upon the satisfaction of the performance-based condition on February 6, 2024. The option, which has an exercise price of $40.82 per share, expires October 28, 2028. Any options that are not exercised by such expiration date will be forfeited.