Luminar to effect 1-for-15 reverse stock split on Nov 20, adds director, settles suit

Luminar Technologies, Inc./DE

Dominick Schiano elected to board as Class III director; board expands to 9; he joins Audit Committee.
1-for-15 reverse stock split approved; effective 5:01 PM ET Nov 20; trading on split-adjusted basis Nov 21 under LAZR.
Shareholder class action over board nomination bylaw settled; company pays $125,000 to plaintiff's counsel.
Reverse split authorized by stockholders on Oct 30; no fractional shares; cash in lieu based on Nov 20 close.

item 5.02 item 7.01 item 8.01

Executive movements

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Appointed

Dominick Schiano

Director

Luminar Technologies, Inc./DE

Effective: 2024-11-13
Filed: November 15, 2024, 6:59 PM ET

elected Dominick Schiano to the Board to fill the vacancy created by an increase in the size of the Board from eight to nine members

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Dominick Schiano was elected as Director at Luminar Technologies, Inc./DE.

Action: elected
Role: Director

Exact text from the filing

elected Dominick Schiano to the Board to fill the vacancy created by an increase in the size of the Board from eight to nine members

View on SEC.gov

Source: SEC EDGAR

accession 0001628280-24-048101

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