4//SEC Filing
Russell Tobias 4
Accession 0001762322-21-000053
CIK 0001762322other
Filed
Oct 14, 8:00 PM ET
Accepted
Oct 15, 11:46 AM ET
Size
7.0 KB
Accession
0001762322-21-000053
Insider Transaction Report
Form 4
Russell Tobias
DirectorSee Remarks
Transactions
- Gift
Class A Common Stock
2021-10-13+53,000→ 3,116,781 total - Other
Class A Common Stock
2021-10-13$10.00/sh−54,972$549,720→ 3,061,809 total
Footnotes (3)
- [F1]Shares were received as a bona fide gift. The reporting person did not pay compensation for the receipt of the shares.
- [F2]Forfeiture of shares of company common stock held in escrow in connection with the closing of the merger (the "Merger") of Shift Platform, Inc., a Delaware corporation (formerly known as Shift Technologies, Inc.), with a wholly-owned subsidiary of the company, and returned to the company due to the reported closing sale price of the company's common stock not exceeding $12.00 per share for 20 out of any 30 consecutive trading days during the first 12 months following October 13, 2020.
- [F3]The merger agreement entered into in connection with the Merger placed a value on the company's common stock of $10 a share.
Documents
Issuer
SHIFT TECHNOLOGIES, INC.
CIK 0001762322
Entity typeother
Related Parties
1- filerCIK 0001828617
Filing Metadata
- Form type
- 4
- Filed
- Oct 14, 8:00 PM ET
- Accepted
- Oct 15, 11:46 AM ET
- Size
- 7.0 KB