Austin Russell - Dec 31, 2021 Form 5 Insider Report for Luminar Technologies, Inc./DE (LAZR)

Role: Chairperson, President & CEO, Director, 10%+ Owner
Signature: /s/ Thomas Fennimore, as Attorney-in-Fact For Austin Russell
Stock symbol: LAZR
Transactions as of: Dec 31, 2021
Transactions value $: $0
Form type: 5
Date filed: 2/14/2022, 08:25 AM
Previous filing: Aug 13, 2021
Next filing: Jan 24, 2022
SEC: View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	LAZR	Class B Common Stock	Gift	$0	-4.5M	-4.43%	$0.00	97.1M	Dec 21, 2021	Class A Common Stock	4.5M		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This transaction was a gift for no consideration exempt from Section 16(b) under Rule 16b-5. As previously disclosed in the Reporting Person's Schedule 13D/A (Amendment No. 3) filed on December 27, 2021, effective December 21, 2021, the Reporting Person donated 4,500,000 shares of Class A Common Stock to Central Florida Foundation, Inc., an accredited 501(c)(3) community foundation and public charity (the "Foundation"). This disposition was a charitable donation to the Foundation. The Foundation has informed the Reporting Person that it does not anticipate immediate liquidation and expects the sale of shares will be over a multi-year period. Pursuant to the Issuer's Second Amended and Restated Certificate of Incorporation, the Class B shares automatically converted into Class A shares as a result of the gift.

Content

This transaction was a gift for no consideration exempt from Section 16(b) under Rule 16b-5. As previously disclosed in the Reporting Person's Schedule 13D/A (Amendment No. 3) filed on December 27, 2021, effective December 21, 2021, the Reporting Person donated 4,500,000 shares of Class A Common Stock to Central Florida Foundation, Inc., an accredited 501(c)(3) community foundation and public charity (the "Foundation"). This disposition was a charitable donation to the Foundation. The Foundation has informed the Reporting Person that it does not anticipate immediate liquidation and expects the sale of shares will be over a multi-year period. Pursuant to the Issuer's Second Amended and Restated Certificate of Incorporation, the Class B shares automatically converted into Class A shares as a result of the gift.