George Arison - 24 Feb 2022 Form 4 Insider Report for SHIFT TECHNOLOGIES, INC.

Role
Chief Executive Officer, Director
Signature
/s/George Arison
Issuer symbol
N/A
Transactions as of
24 Feb 2022
Net transactions value
-$891,002
Form type
4
Filing time
28 Feb 2022, 12:07:43 UTC
Previous filing
15 Oct 2021
Next filing
06 Jun 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SFT Class A Common Stock Tax liability $891,002 -473,937 -16% $1.88 2,479,766 24 Feb 2022 Direct F1
holding SFT Class A Common Stock 190,161 24 Feb 2022 Held by Irakly George LLC
holding SFT Class A Common Stock 70,023 24 Feb 2022 Held by IGA Holdings, LLC
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld by the Company to satisfy tax withholding obligations in connection with the vesting of restricted stock units granted to the reporting person. The number of shares of Class A Common Stock withheld was determined based on the closing price of the Company's Class A Common Stock on February 24, 2022.