Shift (SFTGQ) Form 4 SHIFT / Maruthi JD Venkata ownership change

SEC Form 4

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).

1. Name and Address of Reporting Person^*

Venkata Maruthi JD

(Last) (First) (Middle)

610 E ZACK ST

STE 110

(Street)

TAMPA FL 33602

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
SHIFT TECHNOLOGIES, INC. [ SFT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/23/2023

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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
Class A Common Stock	03/23/2023		P		42,423	A	$1.6318(1)(20)	1,764,948	D
Class A Common Stock	03/24/2023		P		171,437	A	$1.4998(2)(20)	1,936,385	D
Class A Common Stock	03/24/2023		S		72,676	D	$1.5439(3)(20)	1,863,709	D
Class A Common Stock	03/27/2023		P		270	A	$1.4384	1,863,979	D
Class A Common Stock	03/27/2023		S		32,090	D	$1.4351(4)(20)	1,831,889	D
Class A Common Stock	03/28/2023		P		13,900	A	$1.3683(5)(20)	1,845,789	D
Class A Common Stock	03/28/2023		S		88,050	D	$1.5962(6)(20)	1,757,739	D
Class A Common Stock	03/29/2023		P		34,508	A	$1.2139(7)(20)	1,972,247	D
Class A Common Stock	03/30/2023		P		3,247	A	$1.1713(8)(20)	1,795,494	D
Class A Common Stock	03/31/2023		P		27,962	A	$1.1248(9)(20)	1,823,456	D
Class A Common Stock	04/03/2023		P		9,528	A	$1.0919(10)(20)	1,832,984	D
Class A Common Stock	04/04/2023		P		37,207	A	$1.0829(11)(20)	1,870,191	D
Class A Common Stock	04/05/2023		P		41,482	A	$1.0987(12)(20)	1,911,673	D
Class A Common Stock	04/06/2023		P		749	A	$1.1826(13)(20)	1,912,422	D
Class A Common Stock	04/10/2023		P		102	A	$1.247	1,912,524	D
Class A Common Stock	04/11/2023		P		1,012	A	$1.2555(14)(20)	1,913,536	D
Class A Common Stock	04/11/2023		S		630	D	$1.1827(15)(20)	1,912,906	D
Class A Common Stock	04/12/2023		P		869	A	$1.4381(16)(20)	1,913,775	D
Class A Common Stock	04/12/2023		S		1,670	D	$1.3199(17)(20)	1,912,105	D
Class A Common Stock	04/13/2023		P		5,135	A	$1.3459(18)(20)	1,917,240	D
Class A Common Stock	04/13/2023		S		604	D	$1.3856(19)(20)	1,916,636	D
Class A Common Stock	04/14/2023		P		57,423	A	$1.308	1,974,059	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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

Explanation of Responses:

1. Information in this line includes transactions executed in multiple trades at prices ranging from $1.6100 to $1.6999.

2. Information in this line includes transactions executed in multiple trades at prices ranging from $1.3450 to $1.6300.

3. Information in this line includes transactions executed in multiple trades at prices ranging from $1.4000 to $1.6000.

4. Information in this line includes transactions executed in multiple trades at prices ranging from $1.4001 to $1.4600.

5. Information in this line includes transactions executed in multiple trades at prices ranging from $1.3200 to $1.4800.

6. Information in this line includes transactions executed in multiple trades at prices ranging from $1.3201 to $1.6950.

7. Information in this line includes transactions executed in multiple trades at prices ranging from $1.1700 to $1.4000.

8. Information in this line includes transactions executed in multiple trades at prices ranging from $1.1400 to $1.2100.

9. Information in this line includes transactions executed in multiple trades at prices ranging from $1.1000 to $1.1500.

10. Information in this line includes transactions executed in multiple trades at prices ranging from $1.0800 to $1.1071.

11. Information in this line includes transactions executed in multiple trades at prices ranging from $1.0698 to $1.1100.

12. Information in this line includes transactions executed in multiple trades at prices ranging from $1.0700 to $1.1299.

13. Information in this line includes transactions executed in multiple trades at prices ranging from $1.1300 to $1.2099.

14. Information in this line includes transactions executed in multiple trades at prices ranging from $1.2100 to $1.3017.

15. Information in this line includes transactions executed in multiple trades at prices ranging from $1.2402 to $1.3017.

16. Information in this line includes transactions executed in multiple trades at prices ranging from $1.2700 to $1.3299.

17. Information in this line includes transactions executed in multiple trades at prices ranging from $1.2908 to $1.3401.

18. Information in this line includes transactions executed in multiple trades at prices ranging from $1.3434 to $1.4099.

19. Information in this line includes transactions executed in multiple trades at prices ranging from $1.4101 to $1.4200.

20. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC staff, Issuer, or a security holder of the Issuer.

	/s/ Maruthi J. D. Venkata	04/26/2023
	** 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.
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