4//SEC Filing
Fennimore Thomas 4
Accession 0001209191-20-061849
CIK 0001758057other
Filed
Dec 3, 7:00 PM ET
Accepted
Dec 4, 5:19 PM ET
Size
6.7 KB
Accession
0001209191-20-061849
Insider Transaction Report
Form 4
Fennimore Thomas
Chief Financial Officer
Transactions
- Award
Stock Option (right to buy)
2020-12-02+1,840,176→ 1,840,176 totalExercise: $1.67Exp: 2030-05-14→ Class A Common Stock (1,840,176 underlying)
Footnotes (2)
- [F1]On December 2, 2020, pursuant to that certain Agreement and Plan of Merger, dated as of August 24, 2020 (the "Merger Agreement"), by and among Gores Metropoulos, Inc. (the "Issuer"), Luminar Technologies, Inc., a Delaware corporation ("Legacy Luminar") and the other parties thereto, the Issuer completed its initial business combination (the "Business Combination"). As a result of the Business Combination, the Issuer changed its name to Luminar Technologies, Inc. In connection with the Business Combination and in accordance with the Merger Agreement, an option to purchase 135,000 shares of Class A Common Stock of Legacy Luminar held by the Reporting Person was converted into an option to purchase 1,840,176 shares of Class A Common Stock of the Issuer. The issuance of the option was approved by the Issuer's board of directors pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.
- [F2]The option will vest and become exercisable as to 1/4th of the total number of shares on May 11, 2021, and thereafter will vest and become exercisable as to 1/48th of the total number of shares in equal monthly installments.
Documents
Issuer
Luminar Technologies, Inc./DE
CIK 0001758057
Entity typeother
Related Parties
1- filerCIK 0001827030
Filing Metadata
- Form type
- 4
- Filed
- Dec 3, 7:00 PM ET
- Accepted
- Dec 4, 5:19 PM ET
- Size
- 6.7 KB