Dara Khosrowshahi - Feb 6, 2024 Form 4 Insider Report for Uber Technologies, Inc (UBER)

Role: Chief Executive Officer, Director
Signature: /s/ Carolyn Mo by Power of Attorney for Dara Khosrowshahi
Stock symbol: UBER
Transactions as of: Feb 6, 2024
Transactions value $: $0
Form type: 4
Date filed: 2/8/2024, 08:39 PM
Previous filing: Feb 2, 2024
Next filing: Feb 16, 2024

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	UBER	Stock Options (Right to buy)	Award	$0	+1.75M		$0.00	1.75M	Feb 6, 2024	Common Stock	1.75M	$33.65	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	The Reporting Person was granted a stock option to purchase 1,750,000 shares of common stock on September 5, 2017 pursuant to the Uber Technologies, Inc. 2013 Equity Incentive Plan, subject to certain performance-based and time-based conditions. The option vested as to the time-based condition in five equal annual installments commencing on September 5, 2018 and the time-based condition was satisfied as of September 5, 2022. The option satisfied the performance-based condition on February 6, 2024 due to the achievement over a 90 consecutive day trading period of a fully-diluted equity value of $120 billion based on the average closing price of Uber's common stock during such period. The option became exercisable upon the satisfaction of the performance-based condition on February 6, 2024.
F2	The option, which has an exercise price of $33.65 per share, expires September 4, 2024. Any options that are not exercised by such expiration date will be forfeited. The Reporting Person intends to adopt a rule 10b5-1 trading plan that will permit him to exercise these options. The Reporting Person does not intend to exercise these options within the next 90 days.

Content

The Reporting Person was granted a stock option to purchase 1,750,000 shares of common stock on September 5, 2017 pursuant to the Uber Technologies, Inc. 2013 Equity Incentive Plan, subject to certain performance-based and time-based conditions. The option vested as to the time-based condition in five equal annual installments commencing on September 5, 2018 and the time-based condition was satisfied as of September 5, 2022. The option satisfied the performance-based condition on February 6, 2024 due to the achievement over a 90 consecutive day trading period of a fully-diluted equity value of $120 billion based on the average closing price of Uber's common stock during such period. The option became exercisable upon the satisfaction of the performance-based condition on February 6, 2024.

The option, which has an exercise price of $33.65 per share, expires September 4, 2024. Any options that are not exercised by such expiration date will be forfeited. The Reporting Person intends to adopt a rule 10b5-1 trading plan that will permit him to exercise these options. The Reporting Person does not intend to exercise these options within the next 90 days.