4//SEC Filing
Russell Austin 4
Accession 0000950170-24-140637
CIK 0001758057other
Filed
Dec 25, 7:00 PM ET
Accepted
Dec 26, 8:51 PM ET
Size
9.9 KB
Accession
0000950170-24-140637
Insider Transaction Report
Form 4
Russell Austin
Director10% Owner
Transactions
- Gift
Class A Common Stock
2024-12-23−1,906,453→ 0 total - Conversion
Class A Common Stock
2024-12-23+1,600,000→ 1,906,453 total - Conversion
Class B Common Stock
2024-12-23−1,600,000→ 4,872,578 total→ Class A Common Stock (1,600,000 underlying)
Footnotes (3)
- [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.
- [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.
- [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.
Documents
Issuer
Luminar Technologies, Inc./DE
CIK 0001758057
Entity typeother
Related Parties
1- filerCIK 0001834552
Filing Metadata
- Form type
- 4
- Filed
- Dec 25, 7:00 PM ET
- Accepted
- Dec 26, 8:51 PM ET
- Size
- 9.9 KB