Manish Patel - Aug 17, 2021 Form 4 Insider Report for SHIFT TECHNOLOGIES, INC. (SFT)

Role
Director
Signature
/s/ George Arison, attorney-in-fact for Manish Patel
Stock symbol
SFT
Transactions as of
Aug 17, 2021
Transactions value $
$0
Form type
4
Date filed
8/18/2021, 03:35 PM
Next filing
Jul 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SFT Class A Common Stock Award $0 +16.4K $0.00 16.4K Aug 17, 2021 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A common stock, par value $0.0001 per share of Shift Technologies, Inc. (the "Company").
F2 Of the 16,436 RSUs granted, 8,492 RSUs vest on February 2, 2022 and 7,944 RSUs vest on June 8, 2022. Vesting is subject to continued service with the Company or an affiliate of the Company. Vested RSUs will be settled during the first open trading window of the Company following the later of the vesting date and December 31, 2021.