Chief Executive Officer Khosrowshahi Dara converted options into 543,497 shares and covered exercise/tax liability with 277,458 shares, increasing direct ownership by 23% to 1,432,153 units (SEC Form 4)
$UBER
Business Services
Consumer Discretionary
| FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). | |||||||||||||||||
| Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. | |||||||||||||||||
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
Uber Technologies, Inc [ UBER ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 03/16/2025 | ||||||||||||||||||||||||||
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4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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| 1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
| Code | V | Amount | (A) or (D) | Price | ||||||
| Common Stock | 03/16/2025 | M | 425,193 | A | (1) | 1,591,307 | D | |||
| Common Stock | 03/16/2025 | M | 18,899 | A | (1) | 1,610,206 | D | |||
| Common Stock | 03/16/2025 | M | 33,560 | A | (1) | 1,643,766 | D | |||
| Common Stock | 03/16/2025 | M | 35,432 | A | (1) | 1,679,198 | D | |||
| Common Stock | 03/16/2025 | M | 30,413 | A | (1) | 1,709,611 | D | |||
| Common Stock | 03/16/2025 | F(2) | 217,062 | D | $71.55 | 1,492,549 | D | |||
| Common Stock | 03/16/2025 | F(2) | 9,648 | D | $71.55 | 1,482,901 | D | |||
| Common Stock | 03/16/2025 | F(2) | 18,089 | D | $71.55 | 1,464,812 | D | |||
| Common Stock | 03/16/2025 | F(2) | 17,133 | D | $71.55 | 1,447,679 | D | |||
| Common Stock | 03/16/2025 | F(2) | 15,526 | D | $71.55 | 1,432,153 | D | |||
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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| 1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Restricted Stock Units | (1) | 03/16/2025 | M | 425,193 | (3) | (3) | Common Stock | 425,193 | $0.00 | 0.00 | D | ||||
| Restricted Stock Units | (1) | 03/16/2025 | M | 18,899 | (4) | (4) | Common Stock | 18,899 | $0.00 | 56,695 | D | ||||
| Restricted Stock Units | (1) | 03/16/2025 | M | 33,560 | (5) | (5) | Common Stock | 33,560 | $0.00 | 67,120 | D | ||||
| Restricted Stock Units | (1) | 03/16/2025 | M | 35,432 | (6) | (6) | Common Stock | 35,432 | $0.00 | 35,433 | D | ||||
| Restricted Stock Units | (1) | 03/16/2025 | M | 30,413 | (7) | (7) | Common Stock | 30,413 | $0.00 | 0.00 | D | ||||
| Explanation of Responses: |
| 1. Restricted stock units convert into common stock on a one-for-one basis. |
| 2. Shares withheld to satisfy tax liability upon vesting of restricted stock units on March 16, 2025. |
| 3. Consists of 425,193 restricted stock units (RSUs) granted to the reporting person on March 1, 2022 pursuant to Uber's 2019 Equity Incentive Plan, for which certain performance conditions have been satisfied and for which the time-based condition was satisfied on March 16, 2025. Upon vesting, the RSUs become payable in cash or common stock on a one-for-one basis at the election of the issuer. |
| 4. The reporting person was granted 75,594 restricted stock units (RSUs) on March 1, 2024 pursuant to Uber's 2019 Equity Incentive Plan. The vesting schedule is as follows: 1/4 of the total RSUs vest on March 16, 2025 and 1/4 of the total RSUs vest on each anniversary thereafter. Upon vesting, the RSUs become payable in cash or common stock on a one-for-one basis at the election of the issuer. |
| 5. The reporting person was granted 134,240 restricted stock units (RSUs) on March 1, 2023 pursuant to Uber's 2019 Equity Incentive Plan. The vesting schedule is as follows: 1/4 of the total RSUs vest on March 16, 2024 and 1/4 of the total RSUs vest each anniversary thereafter. Upon vesting, the RSUs become payable in cash or common stock on a one-for-one basis at the election of the issuer. |
| 6. The reporting person was granted 141,731 restricted stock units (RSUs) on March 1, 2022. The vesting schedule is as follows: 1/4 of the total RSUs on March 16, 2023 and 1/4 of the total RSUs each annual anniversary thereafter. Upon vesting, the RSUs become payable in cash or common stock on a one-for-one basis at the election of the issuer. |
| 7. The reporting person was granted 121,654 restricted stock units (RSUs) on March 1, 2021. The vesting schedule is as follows: 1/4 of the total RSUs on March 16, 2022 and 1/4 of the total RUSs each annual anniversary thereafter. Upon vesting, the RSUs become payable in cash or common stock on a one-for-one basis at the election of the issuer. |
| Remarks: |
| /s/ Carolyn Mo by Power of Attorney for Dara Khosrowshahi | 03/18/2025 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||