Jeff Clementz - May 20, 2022 Form 4/A - Amendment Insider Report for SHIFT TECHNOLOGIES, INC. (SFT)

Role
Chief Executive Officer, Director
Signature
/s/ Jason Curtis, Attorney in fact for Jeff Clementz
Stock symbol
SFT
Transactions as of
May 20, 2022
Transactions value $
-$29,071
Form type
4/A - Amendment
Date filed
11/22/2022, 11:32 AM
Date Of Original Report
Jun 6, 2022
Previous filing
Jun 6, 2022
Next filing
Nov 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SFT Class A Common Stock Tax liability -$29.1K -29.1K -4.51% $1.00 616K May 20, 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld by the Company to satisfy tax withholding obligations in connection with the vesting of restricted stock units granted to the reporting person. The number of shares of Class A Common Stock withheld was determined based on the closing price of the Company's Class A Common Stock on May 20, 2022.
F2 This Form 4 is being amended to remove the reported acquisition of 586,339 shares of Class A Common Stock dated May 12, 2022 and to correct the reported amount of securities beneficially owned following the reported transaction dated May 20, 2022 to 615,901 shares of Class A Common Stock. This acquisition had been previously reported on the Form 4 dated December 2, 2021, and was duplicated on the May 12, 2022 Form 4 due to an administrative error.

Remarks:

Exhibit 24 - Power of Attorney