Lyft Inc
For the period ended Dec 31, 2024. Filed Feb 14, 2025.
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FY2024 · Filed Feb 14, 2025
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Item 15. Exhibits, Financial Statement Schedules
- Financial Statements
The following financial statements are included in Part II, Item 8 of this Form 10-K:
Report of Independent Registered Public Accounting Firm
Consolidated Balance Sheets
Consolidated Statements of Operations
Consolidated Statements of Comprehensive Income (Loss)
Consolidated Statements of Stockholders’ Equity
Notes to the Consolidated Financial Statements
- Financial Statement Schedules
All other schedules have been omitted because they are not required, not applicable, or the required information is otherwise included.
- Exhibits
The exhibits listed below are filed as part of this Annual Report on Form 10-K or are incorporated herein by reference, in each case as indicated below.
EXHIBIT INDEX
| ExhibitNumber · Incorporated by Reference | |||||
|---|---|---|---|---|---|
| Description · Form · File No. · Exhibit · Filing Date | |||||
| 3.1 | Amended and Restated Certificate of Incorporation of the registrant. | 10-Q | 001-38846 | 3.1 | 5/14/2019 |
| 3.2 | Amended and Restated Bylaws of Lyft, Inc. | 8-K | 001-38846 | 3.1 | 7/23/2024 |
| 4.1 | Form of Class A common stock certificate of the registrant. | S-1/A | 333-229996 | 4.1 | 3/18/2019 |
| 4.2 | Description of Capital Stock. | 10-K | 001-38846 | 4.2 | 2/27/2023 |
| 4.3 | Indenture, dated as of May 15, 2020, between Lyft, Inc. and U.S. Bank National Association, as trustee. | 8-K | 001-38846 | 4.1 | 5/15/2020 |
| 4.4 | Form of 1.50% Convertible Senior Notes due 2025 (included in Exhibit 4.3). | 8-K | 001-38846 | 4.2 | 5/15/2020 |
| 4.5 | Indenture, dated as of February 27, 2024, by and between Lyft, Inc. and U.S. Bank Trust Company, National Association, as trustee. | 8-K | 001-38846 | 4.1 | 2/28/2024 |
| 4.6 | Form of 0.625% Convertible Senior Notes due 2029 (included in Exhibit 4.5). | 8-K | 001-38846 | 4.2 | 2/28/2024 |
| 10.1+ | Form of Indemnification Agreement between the registrant and each of its directors and executive officers. | S-1 | 333-229996 | 10.1 | 3/1/2019 |
| 10.2+ | Lyft, Inc. 2019 Equity Incentive Plan and related form agreements. | S-1/A | 333-229996 | 10.2 | 3/18/2019 |
| 10.3+ | Form of Restricted Stock Unit Agreement under the Lyft, Inc. 2019 Equity Incentive Plan. | 10-Q | 001-38846 | 10.1 | 11/12/2020 |
| 10.4+ | Lyft, Inc. 2019 Employee Stock Purchase Plan and related form agreements, as amended and restated as of July 18, 2022. | 10-K | 001-38846 | 10.4 | 2/27/2023 |
| 10.5+ | Lyft, Inc. 2018 Equity Incentive Plan and related form agreements. | S-1/A | 333-229996 | 10.4 | 3/18/2019 |
| 10.6+ | Lyft, Inc. 2008 Equity Incentive Plan and related form agreements. | S-1/A | 333-229996 | 10.5 | 3/18/2019 |
| 10.7+ | Lyft, Inc. Executive Change in Control and Severance Plan, amended and restated on August 20, 2024. | 10-Q | 001-38846 | 10.4 | 11/7/2024 |
| 10.8+ | Lyft, Inc. Outside Director Compensation Policy, amended on March 22, 2022. | 10-Q | 001-38846 | 10.1 | 5/10/2022 |
| 10.9+ | Employment Letter Agreement between the registrant and David Risher, dated as of March 27, 2023. | 8-K | 001-38846 | 10.1 | 3/27/2023 |
| 10.10+ | Transition Agreement between Lyft, Inc. and Logan Green, dated as of March 27, 2023. | 8-K | 001-38846 | 10.2 | 3/27/2023 |
| 10.11+ | Transition Agreement between Lyft, Inc. and John Zimmer, dated as of March 27, 2023. | 8-K | 001-38846 | 10.3 | 3/27/2023 |
| 10.12+ | Employment Letter Agreement between Lyft, Inc. and Erin Brewer, dated as of May 15, 2023. | 10-Q | 001-38846 | 10.2 | 8/09/2023 |
| 10.13+ | Consulting Agreement between Lyft, Inc. and Kristin Sverchek, dated as of August 20, 2024. | 10-Q | 001-38846 | 10.1 | 11/07/2024 |
| 10.14+ | Confidential Separation Agreement and General Release between Lyft, Inc. and Kristin Sverchek, dated as of July 22, 2024. | 10-Q | 001-38846 | 10.2 | 11/07/2024 |
| 10.15+ | Employment Letter Agreement between the registrant and Lindsay Llewellyn, dated as of July 22, 2024. | 10-Q | 001-38846 | 10.3 | 11/07/2024 |
| 10.16(i) | Office Lease between the registrant and SPF China Basin Holdings, LLC, dated as of April 8, 2016 as amended on September 27, 2017, May 31, 2018, June 11, 2018 and September 24, 2018. | S-1/A | 333-229996 | 10.14 | 3/18/2019 |
| 10.16(ii) | Fifth Amendment to Office Lease between the registrant and SPF China Basin Holdings, LLC, dated as of November 18, 2019. | 10-K | 001-38846 | 10.14(ii) | 2/28/2020 |
| 10.16(iii) | Sixth Amendment to Office Lease between Lyft, Inc. and SPF China Basin Holdings, LLC, dated as of March 27, 2023. | 10-Q | 001-38846 | 10.5 | 5/08/2023 |
| 10.16(iv) | Seventh Amendment to Office Lease between Lyft, Inc. and SPF China Basin Holdings, LLC, dated as of December 18, 2024. | ||||
| 10.17 | Form of Capped Call Transaction Confirmation. | 8-K | 001-38846 | 10.2 | 5/15/2020 |
| 10.18(i) | Revolving Credit Agreement, dated as of November 3, 2022, by and among the Company, the lenders party thereto, and JPMorgan Chase Bank, N.A, as the administrative agent. | 8-K | 001-38846 | 10.1 | 11/07/2022 |
| 10.18(ii) | Amendment No. 1 to Revolving Credit Agreement, dated as of December 12, 2023, by and among the Company, the other loan parties thereto, JPMorgan Chase Bank, N.A., as administrative agent, and certain other lenders party thereto. | 8-K | 001-38846 | 10.1 | 12/14/2023 |
| 10.18(iii) | Amendment No. 2 to Revolving Credit Agreement, dated as of February 21, 2024, by and among the Company, as borrower, JPMorgan Chase Bank, N.A., as administrative agent, and certain other lenders party thereto. | 8-K | 001-38846 | 10.1 | 2/21/2024 |
| 10.19 | Form of Capped Call Transaction Confirmation. | 8-K | 001-38846 | 10.2 | 2/28/2024 |
| 19.1 | Insider Trading Policy, as amended on February 2, 2023. | ||||
| 21.1 | List of subsidiaries of the registrant. | ||||
| 23.1 | Consent of PricewaterhouseCoopers LLP, independent registered public accounting firm. | ||||
| 24.1 | Power of Attorney (included in signature pages hereto). | ||||
| 31.1 | Certification of Principal Executive Officer pursuant to Exchange Act Rules 13a-14(a) and 15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. | ||||
| 31.2 | Certification of Principal Financial Officer pursuant to Exchange Act Rules 13a-14(a) and 15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. | ||||
| 32.1† | Certifications of Principal Executive Officer and Principal Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. | ||||
| 97.1 | Executive Compensation Clawback Policy, as amended and restated as of October 2, 2023. | 10-K | 001-38846 | 97.1 | 2/20/2024 |
| 101 | The following financial information from Lyft, Inc.’s Annual Report on Form 10-K for the fiscal year ended December 31, 2024 formatted in Inline XBRL (eXtensible Business Reporting Language): (i) Consolidated Statements of Operations for the fiscal years ended December 31, 2024, 2023, and 2022; (ii) Consolidated Statements of Comprehensive Income (Loss) for the fiscal years ended December 31, 2024, 2023, and 2022; (iii) Consolidated Balance Sheets as of December 31, 2024 and 2023; (iv) Consolidated Statements of Cash Flows for the fiscal years ended December 31, 2024, 2023, and 2022; (v) Consolidated Statements of Stockholders’ Equity for the fiscal years ended December 31, 2024, 2023, and 2022; and (vi) Notes to the Consolidated Financial Statements. | ||||
| 104 | The cover page from Lyft, Inc’s Annual Report on Form 10-K for the year ended December 31, 2024, formatted in iXBRL (included as Exhibit 101). |
- Indicates management contract or compensatory plan.
† The certifications attached as Exhibit 32.1 that accompany this Annual Report on Form 10-K are deemed furnished and not filed with the Securities and Exchange Commission and are not to be incorporated by reference into any filing of Lyft, Inc. under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, whether made before or after the date of this Annual Report on Form 10-K, irrespective of any general incorporation language contained in such filing.
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