George Arison - May 20, 2022 Form 4 Insider Report for SHIFT TECHNOLOGIES, INC. (SFT)

Role
Chief Executive Officer, Director
Signature
/s/George Arison
Stock symbol
SFT
Transactions as of
May 20, 2022
Transactions value $
-$94,335
Form type
4
Date filed
6/6/2022, 07:19 PM
Previous filing
Feb 28, 2022
Next filing
Aug 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SFT Class A Common Stock Tax liability -$94.3K -94.3K -3.8% $1.00 2.39M May 20, 2022 Direct F1
holding SFT Class A Common Stock 190K May 20, 2022 Held by Irakly George LLC
holding SFT Class A Common Stock 70K May 20, 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 May 20, 2022.