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F1 | The Reporting Person was granted a stock option to purchase 300,000 shares of common stock on March 21, 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 March 1, 2019 and the time-based condition was satisfied as of March 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 $33.65 per share, expires March 20, 2028. Any options that are not exercised by such expiration date will be forfeited. |
Chief Legal Officer and Corporate Secretary