Austin Russell - 23 Dec 2024 Form 4 Insider Report for Luminar Technologies, Inc./DE (LAZR)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
26 Dec 2024, 20:51:38 UTC
Prior SEC filing
18 May 2023
Next SEC filing
08 Jul 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Austin Russell

Key filing fact

Austin Russell filed Form 4 for Luminar Technologies, Inc./DE (LAZR) on 26 Dec 2024.

Key facts

  • This page summarizes Austin Russell's Form 4 filing for Luminar Technologies, Inc./DE (LAZR).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 26 Dec 2024, 20:51.

Change

  • Previous filing in this sequence was filed on 18 May 2023.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

LAZR transaction

Class A Common Stock

Conversion of derivative security

Transaction value
Shares
+1,600,000
Change %
+522%
Price
Shares after
1,906,453
Date
23 Dec 2024
Ownership
Direct
Footnotes
F1, F2
LAZR transaction

Class A Common Stock

Gift

Transaction value
$0
Shares
-1,906,453
Change %
-100%
Price
$0.000000
Shares after
0
Date
23 Dec 2024
Ownership
Direct
Footnotes
F1, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

LAZR transaction Derivative

Class B Common Stock

Conversion of derivative security

Transaction value
Shares
-1,600,000
Change %
-25%
Price
Shares after
4,872,578
Date
23 Dec 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
1,600,000
Exercise price
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Effective November 20, 2024, the Issuer effected a 1-for-15 reverse stock split of its Class A Common Stock and Class B Common Stock (the "Reverse Stock Split"). The amount of securities reported on this Form 4 has been adjusted to reflect the Reverse Stock Split.

Footnote F2

Pursuant to the Issuer's Second Amended and Restated Certificate of Incorporation, as amended (the "Charter"), shares of Class B Common Stock have no expiration date and (i) are convertible into shares of Class A Common Stock at the option of the holder of Class B Common Stock at any time upon written notice to the Issuer on a one-for-one basis and (ii) will automatically convert into shares of Class A Common Stock immediately prior to the close of business on the earliest to occur of certain events specified in the Charter. On December 23, 2024, the Reporting Person elected to convert 1,600,000 shares of Class B Common Stock into Class A Common Stock in order to effect the transfers described in footnote 3.

Footnote F3

These shares of Class A Common Stock (the "Shares") were gifted by the Reporting Person to two grantor retained annuity trusts (the "GRATs") of which the Reporting Person is the sole annuitant and family members are beneficiaries. The Reporting Person is not the trustee of the GRATs and does not exercise any voting or investment power over Shares held by the GRATs.

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