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Uber Technologies, Inc — Director's Dealing 2024
Feb 9, 2024
29789_dirs_2024-02-08_4ff60559-e142-471e-96e1-b6ed0b588bdc.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Uber Technologies, Inc (UBER)
CIK: 0001543151
Period of Report: 2024-02-06
Reporting Person: West Tony (N/A)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-02-06 | Stock Options (Right to buy) | $33.65 | A | 300000.00 | Acquired | 2028-03-20 | Common Stock (300000.00) | Direct |
Footnotes
F1: The Reporting Person was granted a stock option to purchase 300,000 shares of common stock on March 21, 2018 pursuant to the Uber Technologies, Inc. 2013 Equity Incentive Plan, subject to certain performance-based and time-based conditions. The option vested as to the time-based condition in five equal annual installments commencing on March 1, 2019 and the time-based condition was satisfied as of March 1, 2023.
The option satisfied the performance-based condition on February 6, 2024 due to the achievement over a 90 consecutive day trading period of a fully-diluted equity value of $120 billion based on the average closing price of Uber's common stock during such period.
The option became exercisable upon the satisfaction of the performance-based condition on February 6, 2024. The option, which has an exercise price of $33.65 per share, expires March 20, 2028. Any options that are not exercised by such expiration date will be forfeited.