4/A//SEC Filing
Hanford Cindy 4/A
Accession 0001213900-21-006861
CIK 0001762322other
Filed
Feb 3, 7:00 PM ET
Accepted
Feb 4, 7:06 PM ET
Size
8.3 KB
Accession
0001213900-21-006861
Insider Transaction Report
Form 4/AAmended
Hanford Cindy
See Remarks
Transactions
- Award
Class A Common Stock
2021-02-02+114,161→ 114,161 total - Award
Performance Stock Units
2021-02-02+38,054→ 38,054 total→ Class A Common Stock (38,054 underlying)
Footnotes (3)
- [F1]Represents a grant of Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of Class A common stock, par value $0.0001 per share, of Shift Technologies, Inc. (the "Company"). These RSUs were reported in Table II in the original Form 4 filing. This amendment is being filed to report these RSUs in Table I.
- [F2]The RSUs vest quarterly over the four-year period commencing October 13, 2020, subject to continued employment with the Company or an affiliate of the Company.
- [F3]Represents a grant of Performance Stock Units ("PSUs"). Each PSU represents a contingent right to receive one share of Class A common stock, par value $0.0001 per share, of the Company. The PSUs vest quarterly over the two-year period commencing on October 13, 2022, subject to the achievement of the applicable pre-determined performance target for the applicable performance year and the continued employment with the Company or an affiliate of the Company (subject to certain exceptions for termination without cause or for good reason as described in the award agreement). Vested PSUs are settled during the first open trading window of the Company following each calendar quarter.
Documents
Issuer
SHIFT TECHNOLOGIES, INC.
CIK 0001762322
Entity typeother
Related Parties
1- filerCIK 0001828635
Filing Metadata
- Form type
- 4/A
- Filed
- Feb 3, 7:00 PM ET
- Accepted
- Feb 4, 7:06 PM ET
- Size
- 8.3 KB