Matthew Simoncini - Sep 29, 2023 Form 4 Insider Report for Luminar Technologies, Inc./DE (LAZR)

Role
Director
Signature
/s/ Alan Prescott, as Attorney-in-Fact for Matthew J. Simoncini
Stock symbol
LAZR
Transactions as of
Sep 29, 2023
Transactions value $
$84,998
Form type
4
Date filed
10/2/2023, 09:08 AM
Previous filing
Jun 9, 2023
Next filing
Jun 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LAZR Class A Common Stock Award $85K +16.1K +14.89% $5.27 125K Sep 29, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents Restricted Stock Units ("RSUs") issued to the reporting person in lieu of cash retainer fees, at the election of the reporting person. Each RSU represents the right to receive one share of Class A common stock of the issuer and is fully vested.
F2 The number of RSUs issued in lieu of cash retainer fees is determined by dividing the dollar amount of the cash retainer fees by the average closing price of a share of Class A common stock of the issuer on the Nasdaq Global Select Market for the 30 trading days preceding September 29, 2023, with any fractional share rounded down to the nearest whole share.