LYFT Lyft Inc Cls A

Filed: 22 Mar 21, 4:14pm





Washington, D.C. 20549



Form 8-K




Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): March 22, 2021



Lyft, Inc.

(Exact name of registrant as specified in its charter)




Delaware 001-38846 20-8809830
(State or other jurisdiction
of incorporation)
File Number)
 (IRS Employer
Identification No.)

185 Berry Street, Suite 5000

San Francisco, California 94107

(Address of principal executive offices, including zip code)

(844) 250-2773

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)



Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:


Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)


Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)


Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))


Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class




Name of each exchange
on which registered

Class A Common Stock, par value of $0.00001 per share LYFT Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐




Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On March 22, 2021, Lyft, Inc. (the “Company”) announced that Eisar Lipkovitz will step down as Executive Vice President, Rideshare and Engineering. Mr. Lipkovitz is expected to remain employed with the Company as its Executive Vice President of Revenue and Market Operations through May 31, 2021. Following his departure as an employee, he is expected to continue to serve as an advisor to the Company until November 20, 2021 during which period, in exchange for his services, his outstanding equity awards will continue to vest, provided that he remains as a service provider to the Company.

In connection with Mr. Lipkovitz’s transition, Ashwin Raj, Vice President, Payments and Customer Platform, will assume the majority of Mr. Lipkovitz’s responsibilities. Mr. Raj’s new title will be interim Head of Rideshare. Mr. Raj joined the Company on May 1, 2017.


Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


Date: March 22, 2021  

/s/ Brian Roberts

  Brian Roberts 
  Chief Financial Officer