Prescott Alan 4
4 · Luminar Technologies, Inc./DE · Filed Nov 15, 2021
Insider Transaction Report
Form 4
Prescott Alan
Chief Legal Officer
Transactions
- Award
Class A Common Stock
2021-11-11+353,000→ 1,065,487 total - Award
Class A Common Stock
2021-11-11+370,000→ 1,435,487 total
Footnotes (2)
- [F1]Represents shares of Class A common stock underlying a time-based restricted stock unit award ("RSU"). Subject to the continuous service of the Reporting Person on each vesting date, the RSU will vest as follows: 3/16th of the total shares underlying the RSU will vest on January 26, 2022, and thereafter, 1/16th of the total shares underlying the RSU will vest on each quarterly anniversary thereof until the RSU is fully vested.
- [F2]Represents shares of Class A common stock underlying an RSU. Subject to the continuous service of the Reporting Person on each vesting date, the RSU will vest as follows: 10% of the total shares underlying the RSU will vest on November 11 of each of 2022 and 2023, respectively; an additional 15% of the total shares underlying the RSU will vest on November 11 of each of 2024 and 2025, respectively; an additional 20% of the total shares underlying the RSU will vest on November 11, 2026; and the remaining 30% of the total shares underlying the RSU will vest on November 11, 2027.