Maruthi JD Venkata - Mar 23, 2023 Form 3 Insider Report for SHIFT TECHNOLOGIES, INC. (SFT)

Role: 10%+ Owner
Signature: /s/ Maruthi J. D. Venkata
Stock symbol: SFT
Transactions as of: Mar 23, 2023
Transactions value $: $0
Form type: 3
Date filed: 4/26/2023, 05:00 PM
Next filing: Oct 13, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	SFT	Class A Common Stock						1.72M	Mar 23, 2023	Direct	F1

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

Explanation of Responses:

Id	Content
F1	On March 23, 2023, the Reporting Person became a holder of 1,722,525 shares of Class A Common Stock, representing approximately 10.0% of the total issued and outstanding shares of Class A Common Stock of the Issuer, based on 17,228,479 shares of Class A Common Stock of the Issuer outstanding as of March 31, 2023, as reported by the Issuer in its Annual Report on Form 10-K for fiscal year ended December 31, 2022. Since March 23, 2023, the Reporting Person's ownership of Class A Common Stock of the Issuer increased to 1,974,059 shares as of the date hereof, representing approximately 11.5% of the total issued and outstanding shares of Class A Common Stock of the Issuer. See Form 4 filed by the Reporting Person on the date hereof for more information.

Content

On March 23, 2023, the Reporting Person became a holder of 1,722,525 shares of Class A Common Stock, representing approximately 10.0% of the total issued and outstanding shares of Class A Common Stock of the Issuer, based on 17,228,479 shares of Class A Common Stock of the Issuer outstanding as of March 31, 2023, as reported by the Issuer in its Annual Report on Form 10-K for fiscal year ended December 31, 2022. Since March 23, 2023, the Reporting Person's ownership of Class A Common Stock of the Issuer increased to 1,974,059 shares as of the date hereof, representing approximately 11.5% of the total issued and outstanding shares of Class A Common Stock of the Issuer. See Form 4 filed by the Reporting Person on the date hereof for more information.