Lynn Forester - Apr 28, 2022 Form 4 Insider Report for Nikola Corp (NKLA)

Role: Director
Signature: /s/ Lynn Forester de Rothschild
Stock symbol: NKLA
Transactions as of: Apr 28, 2022
Transactions value $: $0
Form type: 4
Date filed: 5/2/2022, 05:51 PM
Previous filing: Mar 16, 2022
Next filing: May 18, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NKLA	Common stock, $0.0001 par value per share	Award	$0	+28.9K	+14.43%	$0.00	229K	Apr 28, 2022	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares issuable upon settlement of a restricted stock unit award that vests on April 28, 2023, subject to continued service with the Issuer through such date. The Reporting Person is deemed to hold the award for the benefit of certain funds (the "In-Cap Funds") managed by Inclusive Capital Partners, L.P. and indirectly for Inclusive Capital Partners, L.P., and may transfer the award directly to the In-Cap Funds.
F2	The filing of this statement shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. The Reporting Person expressly disclaims beneficial ownership of the securities reported herein except to the extent of her pecuniary interest therein.

Content

Shares issuable upon settlement of a restricted stock unit award that vests on April 28, 2023, subject to continued service with the Issuer through such date. The Reporting Person is deemed to hold the award for the benefit of certain funds (the "In-Cap Funds") managed by Inclusive Capital Partners, L.P. and indirectly for Inclusive Capital Partners, L.P., and may transfer the award directly to the In-Cap Funds.

The filing of this statement shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. The Reporting Person expressly disclaims beneficial ownership of the securities reported herein except to the extent of her pecuniary interest therein.