Stephen S. Burns - Nov 11, 2022 Form 4 Insider Report for Lordstown Motors Corp. (RIDE)

Role: 10%+ Owner
Signature: /s/ Robert M. Loesch. by power of attorney
Stock symbol: RIDE
Transactions as of: Nov 11, 2022
Transactions value $: -$7,090,320
Form type: 4
Date filed: 11/15/2022, 05:24 PM
Previous filing: Nov 10, 2022
Next filing: Jan 10, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RIDE	Class A Common Stock	Sale	-$3.89M	-2.1M	-6.86%	$1.85	28.5M	Nov 11, 2022	Direct	F1
transaction	RIDE	Class A Common Stock	Sale	-$1.12M	-650K	-2.28%	$1.73	27.9M	Nov 14, 2022	Direct	F1
transaction	RIDE	Class A Common Stock	Sale	-$2.08M	-1.17M	-4.2%	$1.78	26.7M	Nov 15, 2022	Direct	F1

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

Explanation of Responses:

Id	Content
F1	The prices reported in column 4 are weighted average prices. The shares of Class A Common Stock were sold in multiple transactions on November 11, 2022, November 14, 2022 and November 15, 2022 at prices ranging from $1.68 to $1.91, $1.69 to $1.82 and $1.67 to $1.80, respectively. 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.

Content

The prices reported in column 4 are weighted average prices. The shares of Class A Common Stock were sold in multiple transactions on November 11, 2022, November 14, 2022 and November 15, 2022 at prices ranging from $1.68 to $1.91, $1.69 to $1.82 and $1.67 to $1.80, respectively. 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.