John Patrick Zimmer - May 23, 2025 Form 4 Insider Report for Lyft, Inc. (LYFT)

Role
Director
Signature
/s/ Kevin C. Chen, by power of attorney
Stock symbol
LYFT
Transactions as of
May 23, 2025
Transactions value $
-$38,299
Form type
4
Date filed
5/28/2025, 06:39 PM
Previous filing
Feb 27, 2025
Next filing
Jun 6, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Zimmer John Patrick Director C/O LYFT, INC., 185 BERRY STREET, SUITE 400, SAN FRANCISCO /s/ Kevin C. Chen, by power of attorney 2025-05-28 0001766269

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LYFT Class A Common Stock Sale -$38.3K -2.42K -0.27% $15.80 879K May 23, 2025 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 These shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 31, 2024.
F2 On March 25, 2025, the Compensation Committee of the Board of Directors of the Issuer determined that the applicable performance targets for 30,000 performance-based restricted stock units ("PSUs") granted to the Reporting Person on March 22, 2022 were not achieved. Accordingly, the number of shares beneficially owned reflects the forfeiture of such PSUs.
F3 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.