0001415889-24-006470.txt : 20240304
0001415889-24-006470.hdr.sgml : 20240304
20240304211204
ACCESSION NUMBER: 0001415889-24-006470
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240229
FILED AS OF DATE: 20240304
DATE AS OF CHANGE: 20240304
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Zimmer John Patrick
CENTRAL INDEX KEY: 0001766269
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38846
FILM NUMBER: 24717963
MAIL ADDRESS:
STREET 1: C/O LYFT, INC.
STREET 2: 185 BERRY STREET, SUITE 400
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94107
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Lyft, Inc.
CENTRAL INDEX KEY: 0001759509
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389]
ORGANIZATION NAME: 07 Trade & Services
IRS NUMBER: 208809830
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 185 BERRY STREET, SUITE 400
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94107
BUSINESS PHONE: 844-250-2773
MAIL ADDRESS:
STREET 1: 185 BERRY STREET, SUITE 400
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94107
4
1
form4-03052024_020359.xml
X0508
4
2024-02-29
0001759509
Lyft, Inc.
LYFT
0001766269
Zimmer John Patrick
C/O LYFT, INC.
185 BERRY STREET, SUITE 400
SAN FRANCISCO
CA
94107
true
false
false
false
1
Class A Common Stock
2024-02-29
4
S
0
3327
15.6898
D
1125744
D
These shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 31, 2023.
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.
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.
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.
/s/ Kevin C. Chen, by power of attorney
2024-03-04