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Lyft will provide some of its drivers cash bonuses to purchase inventory in the company’s preliminary public providing, based on its S-1 filing on Friday.

– Lyft says drivers who’ve accomplished 10,000 rides will obtain a $1,000 bonus, with these who have logged at the least 20,000 journeys getting $10,000.

– Drivers will need to have accomplished the required variety of rides or been part of the corporate’s advisory council by February 25 to be eligible.

– Drivers can choose to either keep the cash or use it to purchase Lyft shares at the corporate’s IPO itemizing value.

Lyft will provide a few of its drivers cash bonuses they’ll use to buy stock in the corporate’s preliminary public providing, in keeping with the corporate’s S-1 filing on Friday.

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