4//SEC Filing
Zimmer John Patrick 4
Accession 0001415889-24-009054
CIK 0001759509other
Filed
Mar 24, 8:00 PM ET
Accepted
Mar 25, 6:54 PM ET
Size
14.3 KB
Accession
0001415889-24-009054
Insider Transaction Report
Form 4
Lyft, Inc.LYFT
Zimmer John Patrick
Director
Transactions
- Sale
Class A Common Stock
2024-03-21$20.04/sh−36,000$721,566→ 0 total(indirect: See Footnote) - Sale
Class A Common Stock
2024-03-21$20.04/sh−193,200$3,872,404→ 932,544 total - Conversion
Class B Common Stock
2024-03-21−36,000→ 837,605 total(indirect: See Footnote)→ Class A Common Stock (36,000 underlying) - Conversion
Class A Common Stock
2024-03-21+36,000→ 36,000 total(indirect: See Footnote)
Holdings
- 1,750,302
Class B Common Stock
→ Class A Common Stock (1,750,302 underlying) - 500,620(indirect: See Footnote)
Class B Common Stock
→ Class A Common Stock (500,620 underlying)
Footnotes (7)
- [F1]Each share of Class A Common Stock was issued upon conversion of one share of Class B Common Stock at the election of the Reporting Person.
- [F2]Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of Class A Common Stock and has no expiration date.
- [F3]These shares are held by The Zimmer 2014 Irrevocable Trust dated June 16, 2014.
- [F4]These shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 31, 2023.
- [F5]This transaction was executed in multiple trades at prices ranging from $20.00 to $20.13. 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.
- [F6]Certain of these securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Class A Common Stock, subject to the applicable vesting schedule and conditions of each RSU.
- [F7]These shares are held by The John Zimmer Living Trust dated July 30, 2015, for which Mr. Zimmer serves as trustee.
Documents
Issuer
Lyft, Inc.
CIK 0001759509
Entity typeother
Related Parties
1- filerCIK 0001766269
Filing Metadata
- Form type
- 4
- Filed
- Mar 24, 8:00 PM ET
- Accepted
- Mar 25, 6:54 PM ET
- Size
- 14.3 KB