Sec Form 13G Filing - Andreessen Horowitz Fund III L.P. filing for Lyft Inc. (LYFT) - 2021-02-16

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Schedule 13G

 

Under the Securities Exchange Act of 1934

(Amendment No. 1)*

 

Lyft, Inc.

(Name of Issuer)

 

Class A Common Stock

(Title of Class of Securities)

 

55087P104

(CUSIP Number)

 

December 31, 2020

(Date of Event Which Requires Filing of this Statement)

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

¨     Rule 13d-1(b)

 

¨     Rule 13d-1(c)

 

x     Rule 13d-1(d)

 

*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

 

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

(Continued on following pages)

 

Page 1 of 17 Pages

 

Exhibit Index Contained on Page 16

 

 

 

 

  

CUSIP NO.  55087P104 13 G Page 2 of 17

 

1

NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

Andreessen Horowitz Fund III, L.P. (“AH III”)

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)    ¨    (b)    x     

3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH REPORTING
PERSON
WITH		 5

SOLE VOTING POWER

3,028,180 shares, except that AH Equity Partners III, L.L.C. (“AH Equity III”), the general partner of AH III, may be deemed to have sole power to vote these shares, and Marc Andreessen (“Andreessen”) and Ben Horowitz (“Horowitz”), the managing members of AH Equity III, may be deemed to have shared power to vote these shares.

6

SHARED VOTING POWER

See response to row 5.

7

SOLE DISPOSITIVE POWER

3,028,180 shares, except that AH Equity III, the general partner of AH III, may be deemed to have sole power to dispose of these shares, and Andreessen and Horowitz, the managing members of AH Equity III, may be deemed to have shared power to dispose of these shares.

8

SHARED DISPOSITIVE POWER

See response to row 7.

9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,028,180
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 1.0%1
12 TYPE OF REPORTING PERSON PN

 

1 Based on 308,720,401 shares of the Issuer’s Class A Common Stock outstanding as of November 9, 2020, as reported by the Issuer in its Form 10-Q filed with the Securities and Exchange Commission on November 12, 2020.

 

 

 

CUSIP NO.  55087P104 13 G Page 3 of 17

 

1

NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

Andreessen Horowitz Fund III-A, L.P. (“AH III-A”)

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)    ¨    (b)    x

3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH REPORTING
PERSON
WITH		 5

SOLE VOTING POWER

24,620 shares, except that AH Equity III, the general partner of AH III-A, may be deemed to have sole power to vote these shares, and Andreessen and Horowitz, the managing members of AH Equity III, may be deemed to have shared power to vote these shares.

6

SHARED VOTING POWER

See response to row 5.

7

SOLE DISPOSITIVE POWER

24,620 shares, except that AH Equity III, the general partner of AH III-A, may be deemed to have sole power to dispose of these shares, and Andreessen and Horowitz, the managing members of AH Equity III, may be deemed to have shared power to dispose of these shares.

8

SHARED DISPOSITIVE POWER

See response to row 7.

9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 24,620
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.0%1
12 TYPE OF REPORTING PERSON PN

 

1 Based on 308,720,401 shares of the Issuer’s Class A Common Stock outstanding as of November 9, 2020, as reported by the Issuer in its Form 10-Q filed with the Securities and Exchange Commission on November 12, 2020.

 

 

 

CUSIP NO.  55087P104 13 G Page 4 of 17

 

1

NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

Andreessen Horowitz Fund III-B, L.P. (“AH III-B”)

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)    ¨    (b)    x

3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH REPORTING
PERSON
WITH		 5

SOLE VOTING POWER

35,176 shares, except that AH Equity III, the general partner of AH III-B, may be deemed to have sole power to vote these shares, and Andreessen and Horowitz, the managing members of AH Equity III, may be deemed to have shared power to vote these shares.

6

SHARED VOTING POWER

See response to row 5.

7

SOLE DISPOSITIVE POWER

35,176 shares, except that AH Equity III, the general partner of AH III-B, may be deemed to have sole power to dispose of these shares, and Andreessen and Horowitz, the managing members of AH Equity III, may be deemed to have shared power to dispose of these shares.

8

SHARED DISPOSITIVE POWER

See response to row 7.

9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 35,176
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.0%1
12 TYPE OF REPORTING PERSON PN

 

1 Based on 308,720,401 shares of the Issuer’s Class A Common Stock outstanding as of November 9, 2020, as reported by the Issuer in its Form 10-Q filed with the Securities and Exchange Commission on November 12, 2020.

 

 

 

CUSIP NO.  55087P104 13 G Page 5 of 17

 

1

NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

Andreessen Horowitz Fund III-Q, L.P. (“AH III-Q”)

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)    ¨    (b)    x

3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH REPORTING
PERSON
WITH		 5

SOLE VOTING POWER

234,031 shares, except that AH Equity III, the general partner of AH III-Q, may be deemed to have sole power to vote these shares, and Andreessen and Horowitz, the managing members of AH Equity III, may be deemed to have shared power to vote these shares.

6

SHARED VOTING POWER

See response to row 5.

7

SOLE DISPOSITIVE POWER

234,031 shares, except that AH Equity III, the general partner of AH III-Q, may be deemed to have sole power to dispose of these shares, and Andreessen and Horowitz, the managing members of AH Equity III, may be deemed to have shared power to dispose of these shares.

8

SHARED DISPOSITIVE POWER

See response to row 7.

9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 234,031
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.1%1
12 TYPE OF REPORTING PERSON PN

 

1 Based on 308,720,401 shares of the Issuer’s Class A Common Stock outstanding as of November 9, 2020, as reported by the Issuer in its Form 10-Q filed with the Securities and Exchange Commission on November 12, 2020.

 

 

 

 

CUSIP NO.  55087P104 13 G Page 6 of 17

 

1

NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

AH Equity Partners III, L.L.C. (“AH Equity III”)

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)          ¨         (b)       x

3 SEC USE ONLY
4

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH

 5 SOLE VOTING POWER
3,322,007 shares, of which 3,028,180 are directly owned by AH III, 24,620 are directly owned by AH III-A, 35,176 are directly owned by AH III-B and 234,031 are directly owned by AH III-Q. AH Equity III, the general partner of AH III, AH III-A, AH III-B and AH III-Q, may be deemed to have sole power to vote these shares, and Andreessen and Horowitz, the managing members of AH Equity III, may be deemed to have shared power to vote these shares.
6 SHARED VOTING POWER
See response to row 5.
7 SOLE DISPOSITIVE POWER
3,322,007 shares, of which 3,028,180 are directly owned by AH III, 24,620 are directly owned by AH III-A, 35,176 are directly owned by AH III-B and 234,031 are directly owned by AH III-Q. AH Equity III, the general partner of AH III, AH III-A, AH III-B and AH III-Q, may be deemed to have sole power to dispose of these shares, and Andreessen and Horowitz, the managing members of AH Equity III, may be deemed to have shared power to dispose of these shares.
8 SHARED DISPOSITIVE POWER
See response to row 7.
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,322,007
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 1.1%1
12 TYPE OF REPORTING PERSON OO

 

1 Based on 308,720,401 shares of the Issuer’s Class A Common Stock outstanding as of November 9, 2020, as reported by the Issuer in its Form 10-Q filed with the Securities and Exchange Commission on November 12, 2020.

 

 

 

CUSIP NO.  55087P104 13 G Page 7 of 17

 

1

NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

AH Parallel Fund III, L.P. (“AH Parallel III”)

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)          ¨         (b)       x

3 SEC USE ONLY
4

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH

 5 SOLE VOTING POWER
4,512,575 shares, except that AH Equity Partners III (Parallel) L.L.C. (“AH Equity Parallel III”), the general partner of AH Parallel III, may be deemed to have sole power to vote these shares, and Andreessen and Horowitz, the managing members of AH Equity Parallel III, may be deemed to have shared power to vote these shares.
6 SHARED VOTING POWER
See response to row 5.
7 SOLE DISPOSITIVE POWER
4,512,575 shares, except that AH Equity Parallel III, the general partner of AH Parallel III, may be deemed to have sole power to dispose of these shares, and Andreessen and Horowitz, the managing members of AH Equity Parallel III, may be deemed to have shared power to dispose of these shares.
8 SHARED DISPOSITIVE POWER
See response to row 7.
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,512,575
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 1.5%1
12 TYPE OF REPORTING PERSON PN

 

1 Based on 308,720,401 shares of the Issuer’s Class A Common Stock outstanding as of November 9, 2020, as reported by the Issuer in its Form 10-Q filed with the Securities and Exchange Commission on November 12, 2020.

 

 

 

CUSIP NO.  55087P104 13 G Page 8 of 17

 

1

NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

AH Parallel Fund III-A, L.P. (“AH Parallel III-A”)

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)          ¨         (b)       x

3 SEC USE ONLY
4

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH

 5 SOLE VOTING POWER
36,694 shares, except that AH Equity Parallel III, the general partner of AH Parallel III-A, may be deemed to have sole power to vote these shares, and Andreessen and Horowitz, the managing members of AH Equity Parallel III, may be deemed to have shared power to vote these shares.
6 SHARED VOTING POWER
See response to row 5.
7 SOLE DISPOSITIVE POWER
36,694 shares, except that AH Equity Parallel III, the general partner of AH Parallel III-A, may be deemed to have sole power to dispose of these shares, and Andreessen and Horowitz, the managing members of AH Equity Parallel III, may be deemed to have shared power to dispose of these shares.
8 SHARED DISPOSITIVE POWER
See response to row 7.
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 36,694
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.0%1
12 TYPE OF REPORTING PERSON PN

 

1 Based on 308,720,401 shares of the Issuer’s Class A Common Stock outstanding as of November 9, 2020, as reported by the Issuer in its Form 10-Q filed with the Securities and Exchange Commission on November 12, 2020.

 

 

 

CUSIP NO.  55087P104 13 G Page 9 of 17

 

1

NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

AH Parallel Fund III-B, L.P. (“AH Parallel III-B”)

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)          ¨         (b)       x

3 SEC USE ONLY
4

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH

 5 SOLE VOTING POWER
52,428 shares, except that AH Equity Parallel III, the general partner of AH Parallel III-B, may be deemed to have sole power to vote these shares, and Andreessen and Horowitz, the managing members of AH Equity Parallel III, may be deemed to have shared power to vote these shares.
6 SHARED VOTING POWER
See response to row 5.
7 SOLE DISPOSITIVE POWER
52,428 shares, except that AH Equity Parallel III, the general partner of AH Parallel III-B, may be deemed to have sole power to dispose of these shares, and Andreessen and Horowitz, the managing members of AH Equity Parallel III, may be deemed to have shared power to dispose of these shares.
8 SHARED DISPOSITIVE POWER
See response to row 7.

9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 52,428
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.0%1
12 TYPE OF REPORTING PERSON PN

 

1 Based on 308,720,401 shares of the Issuer’s Class A Common Stock outstanding as of November 9, 2020, as reported by the Issuer in its Form 10-Q filed with the Securities and Exchange Commission on November 12, 2020.

 

 

 

CUSIP NO.  55087P104 13 G Page 10 of 17

 

1

NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

AH Parallel Fund III-Q, L.P. (“AH Parallel III-Q”)

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

 (a)    ¨    (b)    x
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware

 

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH

 5 SOLE VOTING POWER
348,809 shares, except that AH Equity Parallel III, the general partner of AH Parallel III-Q, may be deemed to have sole power to vote these shares, and Andreessen and Horowitz, the managing members of AH Equity Parallel III, may be deemed to have shared power to vote these shares.
6 SHARED VOTING POWER
See response to row 5.
7 SOLE DISPOSITIVE POWER
348,809 shares, except that AH Equity Parallel III, the general partner of AH Parallel III-Q, may be deemed to have sole power to dispose of these shares, and Andreessen and Horowitz, the managing members of AH Equity Parallel III, may be deemed to have shared power to dispose of these shares.
8 SHARED DISPOSITIVE POWER
See response to row 7.

9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 348,809
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.1%1
12 TYPE OF REPORTING PERSON PN

 

1 Based on 308,720,401 shares of the Issuer’s Class A Common Stock outstanding as of November 9, 2020, as reported by the Issuer in its Form 10-Q filed with the Securities and Exchange Commission on November 12, 2020.

 

 

 

CUSIP NO.  55087P104 13 G Page 11 of 17

 

1

NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

AH Equity Partners III (Parallel), L.L.C. (“AH Equity Parallel III”)

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

 (a)    ¨    (b)    x
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH

 

 

 

 5 SOLE VOTING POWER
4,950,506 shares, of which 4,512,575 are directly owned by AH Parallel III, 36,694 are directly owned by AH Parallel III-A, 52,428 are directly owned by AH Parallel III-B and 348,809 are directly owned by AH Parallel III-Q. AH Equity Parallel III, the general partner of AH Parallel III, AH Parallel III-A, AH Parallel III-B and AH Parallel III-Q, may be deemed to have sole power to vote these shares, and Andreessen and Horowitz, the managing members of AH Equity Parallel III, may be deemed to have shared power to vote these shares.
6 SHARED VOTING POWER
See response to row 5.
7

SOLE DISPOSITIVE POWER

4,950,506 shares, of which 4,512,575 are directly owned by AH Parallel III, 36,694 are directly owned by AH Parallel III-A, 52,428 are directly owned by AH Parallel III-B and 348,809 are directly owned by AH Parallel III-Q. AH Equity Parallel III, the general partner of AH Parallel III, AH Parallel III-A, AH Parallel III-B and AH Parallel III-Q, may be deemed to have sole power to dispose of these shares, and Andreessen and Horowitz, the managing members of AH Equity Parallel III, may be deemed to have shared power to dispose of these shares.

8 SHARED DISPOSITIVE POWER
See response to row 7.

9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,950,506
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 1.6%1
12 TYPE OF REPORTING PERSON OO

 

1 Based on 308,720,401 shares of the Issuer’s Class A Common Stock outstanding as of November 9, 2020, as reported by the Issuer in its Form 10-Q filed with the Securities and Exchange Commission on November 12, 2020.

 

 

 

CUSIP NO.  55087P104 13 G Page 12 of 17

 

1 NAME OF REPORTING PERSONS Marc Andreessen (“Andreessen”)
2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 (a)        ¨         (b)         x

3 SEC USE ONLY
4

CITIZENSHIP OR PLACE OF ORGANIZATION

U.S. Citizen

 

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH

 5 SOLE VOTING POWER
0 shares.
6

SHARED VOTING POWER
8,272,513 shares, of which 3,028,180 are directly owned by AH III, 24,620 are directly owned by AH III-A, 35,176 are directly owned by AH III-B, 234,031 are directly owned by AH III-Q, 4,512,575 are directly owned by AH Parallel III, 36,694 are directly owned by AH Parallel III-A, 52,428 are directly owned by AH Parallel III-B and 348,809 are directly owned by AH Parallel III-Q. Andreessen is a managing member of AH Equity III, the general partner of AH III, AH III-A, AH III-B and AH III-Q, and a managing member of AH Equity Parallel III, the general partner of AH Parallel III, AH Parallel III-A, AH Parallel III-B and AH Parallel III-Q, and may be deemed to have shared power to vote these shares.

 

7 SOLE DISPOSITIVE POWER
0 shares.
8

SHARED DISPOSITIVE POWER
8,272,513 shares, of which 3,028,180 are directly owned by AH III, 24,620 are directly owned by AH III-A, 35,176 are directly owned by AH III-B, 234,031 are directly owned by AH III-Q, 4,512,575 are directly owned by AH Parallel III, 36,694 are directly owned by AH Parallel III-A, 52,428 are directly owned by AH Parallel III-B and 348,809 are directly owned by AH Parallel III-Q. Andreessen is a managing member of AH Equity III, the general partner of AH III, AH III-A, AH III-B and AH III-Q, and a managing member of AH Equity Parallel III, the general partner of AH Parallel III, AH Parallel III-A, AH Parallel III-B and AH Parallel III-Q, and may be deemed to have shared power to dispose of these shares.

 

9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 8,272,513
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 2.7%1
12 TYPE OF REPORTING PERSON IN

 

1 Based on 308,720,401 shares of the Issuer’s Class A Common Stock outstanding as of November 9, 2020, as reported by the Issuer in its Form 10-Q filed with the Securities and Exchange Commission on November 12, 2020.

 

 

  

CUSIP NO.  55087P104 13 G Page 13 of 17

 

1 NAME OF REPORTING PERSONS Ben Horowitz (“Horowitz”)
2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 (a)        ¨         (b)         x

3 SEC USE ONLY
4

CITIZENSHIP OR PLACE OF ORGANIZATION

U.S. Citizen

 

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH

 5 SOLE VOTING POWER
74,210 shares1
6 SHARED VOTING POWER
8,272,513 shares, of which 3,028,180 are directly owned by AH III, 24,620 are directly owned by AH III-A, 35,176 are directly owned by AH III-B, 234,031 are directly owned by AH III-Q, 4,512,575 are directly owned by AH Parallel III, 36,694 are directly owned by AH Parallel III-A, 52,428 are directly owned by AH Parallel III-B and 348,809 are directly owned by AH Parallel III-Q. Horowitz is a managing member of AH Equity III, the general partner of AH III, AH III-A, AH III-B and AH III-Q, and a managing member of AH Equity Parallel III, the general partner of AH Parallel III, AH Parallel III-A, AH Parallel III-B and AH Parallel III-Q, and may be deemed to have shared power to vote these shares.
7 SOLE DISPOSITIVE POWER
74,210 shares1
8 SHARED DISPOSITIVE POWER
8,272,513 shares, of which 3,028,180 are directly owned by AH III, 24,620 are directly owned by AH III-A, 35,176 are directly owned by AH III-B, 234,031 are directly owned by AH III-Q, 4,512,575 are directly owned by AH Parallel III, 36,694 are directly owned by AH Parallel III-A, 52,428 are directly owned by AH Parallel III-B and 348,809 are directly owned by AH Parallel III-Q. Horowitz is a managing member of AH Equity III, the general partner of AH III, AH III-A, AH III-B and AH III-Q, and a managing member of AH Equity Parallel III, the general partner of AH Parallel III, AH Parallel III-A, AH Parallel III-B and AH Parallel III-Q, and may be deemed to have shared power to dispose of these shares.

9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 8,346,723
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 2.7%2
12 TYPE OF REPORTING PERSON IN

 

1 Shares held by a family trust for which the Reporting Person is a trustee.

 

2 Based on 308,720,401 shares of the Issuer’s Class A Common Stock outstanding as of November 9, 2020, as reported by the Issuer in its Form 10-Q filed with the Securities and Exchange Commission on November 12, 2020.

 

 

 

CUSIP NO.  55087P104 13 G Page 14 of 17

 

This Amendment No. 1 amends the Schedule 13G previously filed by Andreessen Horowitz Fund III, L.P., a Delaware limited partnership, Andreessen Horowitz Fund III-A, L.P., a Delaware limited partnership, Andreessen Horowitz Fund III-B, L.P., a Delaware limited partnership, Andreessen Horowitz Fund III-Q, L.P., a Delaware limited partnership, AH Equity Partners III, L.L.C., a Delaware limited liability company, AH Parallel Fund III, L.P., a Delaware limited partnership, AH Parallel Fund III-A, L.P., a Delaware limited partnership, AH Parallel Fund III-B, L.P., a Delaware limited partnership, AH Parallel Fund III-Q, L.P., a Delaware limited partnership, AH Equity Partners III (Parallel), L.L.C., a Delaware limited liability company, Marc Andreessen and Ben Horowitz. The foregoing entities and individuals are collectively referred to as the “Reporting Persons.” Only those items as to which there has been a change are included in this Amendment No. 1.

 

ITEM 4.OWNERSHIP
   
  The following information with respect to the beneficial ownership of the Class A Common Stock of the Issuer by the Reporting Persons is provided as of December 31, 2020.

 

(a)Amount beneficially owned:
   
  See Row 9 of cover page for each Reporting Person.

 

(b)Percent of Class:
   
  See Row 11 of cover page for each Reporting Person.

 

(c)Number of shares as to which such person has:

 

(i)Sole power to vote or to direct the vote:

 

See Row 5 of cover page for each Reporting Person.

 

(ii)Shared power to vote or to direct the vote:

 

See Row 6 of cover page for each Reporting Person.

 

(iii)Sole power to dispose or to direct the disposition of:

 

See Row 7 of cover page for each Reporting Person.

 

(iv)Shared power to dispose or to direct the disposition of:

 

See Row 8 of cover page for each Reporting Person.

 

ITEM 5.OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
   
  If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the follow: x Yes

 

ITEM 6.OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
   
  Please see Item 5.

 

 

 

CUSIP NO.  55087P104 13 G Page 15 of 17

 

SIGNATURES

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

Date: February 16, 2021 
 Andreessen Horowitz Fund III, L.P.
 Andreessen Horowitz Fund III-A, L.P.
 Andreessen Horowitz Fund III-B, L.P.
 Andreessen Horowitz Fund III-Q, L.P.
  
 By: AH Equity Partners III, L.L.C.
 Its: General Partner
  
 By: /s/ Scott Kupor
   Scott Kupor, Chief Operating Officer
    
 AH Equity Partners III, L.L.C.
  
 By: /s/ Scott Kupor
   Scott Kupor, Chief Operating Officer
  
 AH Parallel Fund III, L.P.
 AH Parallel Fund III-A, L.P.
 AH Parallel Fund III-B, L.P.
 AH Parallel Fund III-Q, L.P.
  
 By: AH Equity Partners III (Parallel), L.L.C.
 Its: General Partner
  
 By: /s/ Scott Kupor
   Scott Kupor, Chief Operating Officer
  
 AH Equity Partners III (Parallel), L.L.C.
  
 By: /s/ Scott Kupor
   Scott Kupor, Chief Operating Officer
  
 Marc Andreessen
  
 /s/ Scott Kupor
 Scott Kupor, Chief Operating Officer
 Attorney-in-fact for Marc Andreessen*
  
 Ben Horowitz
  
 /s/ Scott Kupor
 Scott Kupor, Chief Operating Officer
 Attorney-in-fact for Ben Horowitz*

 

*The Power of Attorney set forth in Exhibit 24.1 to the Initial Statement of Beneficial Ownership of Securities on Form 3, as amended, filed by such Reporting Person with the Securities and Exchange Commission on April 25, 2019 is incorporated herein by reference.

 

 

 

CUSIP NO.  55087P104 13 G Page 16 of 17

 

EXHIBIT INDEX

 

  Found on
Sequentially
Exhibit Numbered Page
   
Exhibit A:  Agreement of Joint Filing 17

 

 

 

CUSIP NO.  55087P104 13 G Page 17 of 17

 

exhibit A

 

Agreement of Joint Filing

 

The Reporting Persons agree that a single Schedule 13G (or any amendment thereto) relating to the Class A Common Stock of Lyft, Inc. shall be filed on behalf of each of the Reporting Persons. Note that copies of the applicable Agreement of Joint Filing is already on file with the appropriate agencies.