Stephen S. Burns - 08 Nov 2022 Form 4 Insider Report for Lordstown Motors Corp. (NRDE)

Role
10%+ Owner
Signature
/s/ Robert M. Loesch. by power of attorney
Issuer symbol
NRDE
Transactions as of
08 Nov 2022
Net transactions value
-$9,227,350
Form type
4
Filing time
10 Nov 2022, 13:07:08 UTC
Previous filing
03 Mar 2022
Next filing
15 Nov 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RIDE Class A Common Stock Sale $8,283,850 -4,205,000 -12% $1.97 31,157,745 08 Nov 2022 Direct F1
transaction RIDE Class A Common Stock Sale $943,500 -555,000 -1.8% $1.70 30,602,745 09 Nov 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in column 4 is a weighted average price. The shares of Class A Common Stock were sold in multiple transactions at prices ranging from $1.75 to $2.18, inclusive. The Reporting Person undertakes to provide Lordstown Motors Corp., any shareholder of Lordstown Motors Corp. or the SEC staff, upon request, full information of the number of shares sold at each price within the range.