LAZRQ · Luminar Technologies, Inc./DE · Insider Trading

Represents shares withheld by the Issuer to satisfy tax withholding obligations of the Reporting Person in connection with vesting of restricted stock units.

Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the 468,788 of fully vested RSU awards.

Consists of (i) 468,788 shares of Class A common stock ("Shares") underlying restricted stock unit awards fully vested on the grant date, subject to clawback if within 12 months following the employment start date, the Issuer terminates the executive's employment for "cause" or he resigns without "good reason," (ii) 820,379 Shares underlying a time-based restricted stock unit award which will vest over a three (3) year period from May 27, 2025 in equal installments on a semi-annual basis, subject to continued service and (iii) up to 820,379 Shares underlying a performance restricted stock unit award eligible to vest in three equal installments based on the Issuer's achievement of market capitalization milestones, subject to continued service.

Represents shares of Class A common stock underlying a time-based restricted stock unit award ("RSU"). Each annual RSU award shall vest in full on the first to occur of (i) the one-year anniversary of the grant date, July 3 2026 or (ii) the date of the next annual meeting of stockholders, subject to the Reporting Person's continued service as a member of the Board of Directors through such vesting date.

Effective November 20, 2024, the Issuer effected a 1-for-15 reverse stock split of its Class A common stock (the "Reverse Stock Split"). The amount of securities reported on this Form 4 has been adjusted to reflect the Reverse Stock Split.

Represents shares of Class A common stock underlying a time-based restricted stock unit award ("RSU"). Each annual RSU award shall vest in full on the first to occur of (i) the one-year anniversary of the grant date, July 3, 2026 or (ii) the date of the next annual meeting of stockholders, subject to the Reporting Person's continued service as a member of the Board of Directors through such vesting date.

Effective November 20, 2024, the Issuer effected a 1-for-15 reverse stock split of its Class A common stock (the "Reverse Stock Split"). The amount of securities reported on this Form 4 has been adjusted to reflect the Reverse Stock Split.

Represents shares of Class A common stock underlying a time-based restricted stock unit award ("RSU"). Each annual RSU award shall vest in full on the first to occur of (i) the one-year anniversary of the grant date, July 3, 2026 or (ii) the date of the next annual meeting of stockholders, subject to the Reporting Person's continued service as a member of the Board of Directors through such vesting date.

Effective November 20, 2024, the Issuer effected a 1-for-15 reverse stock split of its Class A common stock (the "Reverse Stock Split"). The amount of securities reported on this Form 4 has been adjusted to reflect the Reverse Stock Split.

Represents shares of Class A common stock underlying a time-based restricted stock unit award ("RSU"). Each annual RSU award shall vest in full on the first to occur of (i) the one-year anniversary of the grant date, July 3, 2026 or (ii) the date of the next annual meeting of stockholders, subject to the Reporting Person's continued service as a member of the Board of Directors through such vesting date.

Effective November 20, 2024, the Issuer effected a 1-for-15 reverse stock split of its Class A common stock (the "Reverse Stock Split"). The amount of securities reported on this Form 4 has been adjusted to reflect the Reverse Stock Split.

Represents shares of Class A common stock underlying a time-based restricted stock unit award ("RSU"). Each annual RSU award shall vest in full on the first to occur of (i) the one-year anniversary of the grant date, July 3, 2026 or (ii) the date of the next annual meeting of stockholders, subject to the Reporting Person's continued service as a member of the Board of Directors through such vesting date.

Effective November 20, 2024, the Issuer effected a 1-for-15 reverse stock split of its Class A common stock (the "Reverse Stock Split"). The amount of securities reported on this Form 4 has been adjusted to reflect the Reverse Stock Split.

Represents shares of Class A common stock underlying a time-based restricted stock unit award ("RSU"). Each annual RSU award shall vest in full on the first to occur of (i) the one-year anniversary of the grant date, July 3, 2026 or (ii) the date of the next annual meeting of stockholders, subject to the Reporting Person's continued service as a member of the Board of Directors through such vesting date.

Effective November 20, 2024, the Issuer effected a 1-for-15 reverse stock split of its Class A common stock (the "Reverse Stock Split"). The amount of securities reported on this Form 4 has been adjusted to reflect the Reverse Stock Split.

Represents shares of Class A common stock underlying a time-based restricted stock unit award ("RSU"). Each annual RSU award shall vest in full on the first to occur of (i) the one-year anniversary of the grant date, July 3, 2026 or (ii) the date of the next annual meeting of stockholders, subject to the Reporting Person's continued service as a member of the Board of Directors through such vesting date.

Effective November 20, 2024, the Issuer effected a 1-for-15 reverse stock split of its Class A common stock (the "Reverse Stock Split"). The amount of securities reported on this Form 4 has been adjusted to reflect the Reverse Stock Split.

Represents shares of Class A common stock underlying a time-based restricted stock unit award ("RSU"). Each annual RSU award shall vest in full on the first to occur of (i) the one-year anniversary of the grant date, July 3, 2026 or (ii) the date of the next annual meeting of stockholders, subject to the Reporting Person's continued service as a member of the Board of Directors through such vesting date.

Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units.

Represents shares of Class A common stock underlying a restricted stock unit award which were fully vested upon grant.

Effective November 20, 2024, the Issuer effected a 1-for-15 reverse stock split of its Class A Common Stock (the "Reverse Stock Split"). The amount of securities reported on this Form 4 has been adjusted to reflect the Reverse Stock Split.

The range of prices for the shares of Class A Common Stock sold is from $5.00 to $5.35. The Reporting Person undertakes that he will provide, upon request by the staff of the U.S. Securities and Exchange Commission, full information regarding the number of securities sold at each separate price.

The Reporting Person manages Press Room LLC and may be deemed to hold voting and dispositive power over the shares held by Press Room LLC. The reporting person disclaims beneficial ownership of the shares held by Press Room LLC.

These shares of Class A Common Stock (the "Shares") were gifted by the Reporting Person to two grantor retained annuity trusts (the "GRATs") of which the Reporting Person is the sole annuitant and family members are beneficiaries. The Reporting Person is not the trustee of the GRATs and does not exercise any voting or investment power over Shares held by the GRATs.

Effective November 20, 2024, the Issuer effected a 1-for-15 reverse stock split of its Class A Common Stock and Class B Common Stock (the "Reverse Stock Split"). The amount of securities reported on this Form 4 has been adjusted to reflect the Reverse Stock Split.

Effective November 20, 2024, the Issuer effected a 1-for-15 reverse stock split of its Class A Common Stock and Class B Common Stock (the "Reverse Stock Split"). The amount of securities reported on this Form 4 has been adjusted to reflect the Reverse Stock Split.

Pursuant to the Issuer's Second Amended and Restated Certificate of Incorporation, as amended (the "Charter"), shares of Class B Common Stock have no expiration date and (i) are convertible into shares of Class A Common Stock at the option of the holder of Class B Common Stock at any time upon written notice to the Issuer on a one-for-one basis and (ii) will automatically convert into shares of Class A Common Stock immediately prior to the close of business on the earliest to occur of certain events specified in the Charter. On December 23, 2024, the Reporting Person elected to convert 1,600,000 shares of Class B Common Stock into Class A Common Stock in order to effect the transfers described in footnote 3.

Pursuant to the Issuer's Second Amended and Restated Certificate of Incorporation, as amended (the "Charter"), shares of Class B Common Stock have no expiration date and (i) are convertible into shares of Class A Common Stock at the option of the holder of Class B Common Stock at any time upon written notice to the Issuer on a one-for-one basis and (ii) will automatically convert into shares of Class A Common Stock immediately prior to the close of business on the earliest to occur of certain events specified in the Charter. On December 23, 2024, the Reporting Person elected to convert 1,600,000 shares of Class B Common Stock into Class A Common Stock in order to effect the transfers described in footnote 3.

Effective November 20, 2024, the Issuer effected a 1-for-15 reverse stock split of its Class A Common Stock and Class B Common Stock (the "Reverse Stock Split"). The amount of securities reported on this Form 4 has been adjusted to reflect the Reverse Stock Split.

Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units.

Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units.

Represents shares of Class A common stock underlying a restricted stock unit award which were fully vested upon grant.

Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units.

Effective November 20, 2024, the Issuer effected a 1-for-15 reverse stock split of its Class A common stock (the "Reverse Stock Split"). The amount of securities reported on this Form 4 has been adjusted to reflect the Reverse Stock Split.

Represents shares of Class A common stock underlying a restricted stock unit award which were fully vested upon grant.

Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units.

Effective November 20, 2024, the Issuer effected a 1-for-15 reverse stock split of its Class A common stock (the "Reverse Stock Split"). The amount of securities reported on this Form 4 has been adjusted to reflect the Reverse Stock Split.

Represents shares of Class A common stock underlying a time-based restricted stock unit award ("RSU"). The RSU will vest in three equal annual installments on the first, second and third anniversaries of November 13, 2024, subject to the Reporting Person's continued service as a member of the Board of Directors through each vesting date.

Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units.

Represents shares of Class A common stock underlying a time-based restricted stock unit award ("RSU"). Each annual RSU award shall vest in full on the first to occur of (i) the one-year anniversary of the grant date, June 5, 2025 or (ii) the date of the next annual meeting of stockholders, subject to the Reporting Person's continued service as a member of the Board of Directors through such vesting date.

Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units.

Represents shares of Class A common stock underlying a time-based restricted stock unit award ("RSU"). Each annual RSU award shall vest in full on the first to occur of (i) the one-year anniversary of the grant date, June 5, 2025 or (ii) the date of the next annual meeting of stockholders, subject to the Reporting Person's continued service as a member of the Board of Directors through such vesting date.

Represents shares of Class A common stock underlying a time-based restricted stock unit award ("RSU"). Each annual RSU award shall vest in full on the first to occur of (i) the one-year anniversary of the grant date, June 5, 2025 or (ii) the date of the next annual meeting of stockholders, subject to the Reporting Person's continued service as a member of the Board of Directors through such vesting date.

Represents shares of Class A common stock underlying a time-based restricted stock unit award ("RSU"). Each annual RSU award shall vest in full on the first to occur of (i) the one-year anniversary of the grant date, June 5, 2025 or (ii) the date of the next annual meeting of stockholders, subject to the Reporting Person's continued service as a member of the Board of Directors through such vesting date.

Represents shares of Class A common stock underlying a time-based restricted stock unit award ("RSU"). Each annual RSU award shall vest in full on the first to occur of (i) the one-year anniversary of the grant date, June 5, 2025 or (ii) the date of the next annual meeting of stockholders, subject to the Reporting Person's continued service as a member of the Board of Directors through such vesting date.

Represents shares of Class A common stock underlying a time-based restricted stock unit award ("RSU"). Each annual RSU award shall vest in full on the first to occur of (i) the one-year anniversary of the grant date, June 5, 2025 or (ii) the date of the next annual meeting of stockholders, subject to the Reporting Person's continued service as a member of the Board of Directors through such vesting date.

Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units.

Represents shares of Class A common stock underlying a time-based restricted stock unit award ("RSU"). Each annual RSU award shall vest in full on the first to occur of (i) the one-year anniversary of the grant date, June 5, 2025 or (ii) the date of the next annual meeting of stockholders, subject to the Reporting Person's continued service as a member of the Board of Directors through such vesting date.

Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units.

Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units.

Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units.

Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units.

Represents Restricted Stock Units ("RSUs") issued to the reporting person in lieu of cash retainer fees, at the election of the reporting person. Each RSU represents the right to receive one share of Class A common stock of the issuer and is fully vested.

The number of RSUs issued in lieu of cash retainer fees is determined by dividing the dollar amount of the cash retainer fees by the average closing price of a share of Class A common stock of the issuer on the Nasdaq Global Select Market for the 30 trading days preceding September 29, 2023, with any fractional share rounded down to the nearest whole share.

Represents Restricted Stock Units ("RSUs") issued to the reporting person in lieu of cash retainer fees, at the election of the reporting person. Each RSU represents the right to receive one share of Class A common stock of the issuer and is fully vested.

The number of RSUs issued in lieu of cash retainer fees is determined by dividing the dollar amount of the cash retainer fees by the average closing price of a share of Class A common stock of the issuer on the Nasdaq Global Select Market for the 30 trading days preceding September 29, 2023, with any fractional share rounded down to the nearest whole share.

Represents Restricted Stock Units ("RSUs") issued to the reporting person in lieu of cash retainer fees, at the election of the reporting person. Each RSU represents the right to receive one share of Class A common stock of the issuer and is fully vested.

The number of RSUs issued in lieu of cash retainer fees is determined by dividing the dollar amount of the cash retainer fees by the average closing price of a share of Class A common stock of the issuer on the Nasdaq Global Select Market for the 30 trading days preceding September 29, 2023, with any fractional share rounded down to the nearest whole share.

Represents Restricted Stock Units ("RSUs") issued to the reporting person in lieu of cash retainer fees, at the election of the reporting person. Each RSU represents the right to receive one share of Class A common stock of the issuer and is fully vested.

The number of RSUs issued in lieu of cash retainer fees is determined by dividing the dollar amount of the cash retainer fees by the average closing price of a share of Class A common stock of the issuer on the Nasdaq Global Select Market for the 30 trading days preceding September 29, 2023, with any fractional share rounded down to the nearest whole share.

Represents Restricted Stock Units ("RSUs") issued to the reporting person in lieu of cash retainer fees, at the election of the reporting person. Each RSU represents the right to receive one share of Class A common stock of the issuer and is fully vested.

The number of RSUs issued in lieu of cash retainer fees is determined by dividing the dollar amount of the cash retainer fees by the average closing price of a share of Class A common stock of the issuer on the Nasdaq Global Select Market for the 30 trading days preceding September 29, 2023, with any fractional share rounded down to the nearest whole share.

Represents Restricted Stock Units ("RSUs") issued to the reporting person in lieu of cash retainer fees, at the election of the reporting person. Each RSU represents the right to receive one share of Class A common stock of the issuer and is fully vested.

The number of RSUs issued in lieu of cash retainer fees is determined by dividing the dollar amount of the cash retainer fees by the average closing price of a share of Class A common stock of the issuer on the Nasdaq Global Select Market for the 30 trading days preceding September 29, 2023, with any fractional share rounded down to the nearest whole share.

Represents Restricted Stock Units ("RSUs") issued to the reporting person in lieu of cash retainer fees, at the election of the reporting person. Each RSU represents the right to receive one share of Class A common stock of the issuer and is fully vested.

The number of RSUs issued in lieu of cash retainer fees is determined by dividing the dollar amount of the cash retainer fees by the average closing price of a share of Class A common stock of the issuer on the Nasdaq Global Select Market for the 30 trading days preceding September 29, 2023, with any fractional share rounded down to the nearest whole share.

The sale reported on this Form 4 represents shares sold by the reporting person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. The sale is mandated by the issuer's policy which requires the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the reporting person.