Tobias Russell - 13 Jul 2022 Form 4 Insider Report for SHIFT TECHNOLOGIES, INC. (SFT)

Role
Director
Signature
/s/ George Arison, attorney-in-fact for Tobias Russell
Issuer symbol
SFT
Transactions as of
13 Jul 2022
Transactions value $
$0
Form type
4
Filing time
18 Jul 2022, 20:17:36
Previous filing
18 Jul 2022
Next filing
02 Dec 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SFT Class A Common Stock Award $0 +93.2K +6.85% $0.00 1.45M 13 Jul 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A common stock, par value $0.0001 per share of Shift Technologies, Inc. (the "Company").
F2 The RSUs vest on July 13, 2023, subject to continued service with the Company or an affiliate of the Company. Vested RSUs will be settled during the first open trading window of the Company following the date of vesting.