Filing Details

Accession Number:
0001415889-24-006470
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-03-04 21:12:04
Reporting Period:
2024-02-29
Accepted Time:
2024-03-04 21:12:04
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1759509 Lyft Inc. LYFT Services-Business Services, Nec (7389) 208809830
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1766269 Patrick John Zimmer C/O Lyft, Inc.
185 Berry Street, Suite 400
San Francisco CA 94107
No No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Disposition 2024-02-29 3,327 $15.69 1,125,744 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Footnotes
  1. These shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 31, 2023.
  2. This transaction was executed in multiple trades at prices ranging from $15.41 to $15.96. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
  3. On February 27, 2024, the Compensation Committee of the Board of Directors of the Issuer determined that the applicable performance targets for 75,000 performance-based restricted stock units ("PSUs") granted to the Reporting Person on February 21, 2021 were not achieved. Accordingly, the number of shares beneficially owned reflects the forfeiture of such PSUs.
  4. Certain of these securities are restricted stock units ("RSUs") and PSUs. Each RSU and PSU represents a contingent right to receive one share of Class A Common Stock, subject to the applicable vesting schedule and conditions of each RSU and PSU.