Stephen S. Burns - 11 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
11 Nov 2022
Net transactions value
-$7,090,320
Form type
4
Filing time
15 Nov 2022, 17:24:06 UTC
Previous filing
10 Nov 2022
Next filing
10 Jan 2023
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 $3,885,000 -2,100,000 -6.9% $1.85 28,502,745 11 Nov 2022 Direct F1
transaction RIDE Class A Common Stock Sale $1,124,500 -650,000 -2.3% $1.73 27,852,745 14 Nov 2022 Direct F1
transaction RIDE Class A Common Stock Sale $2,080,820 -1,169,000 -4.2% $1.78 26,683,745 15 Nov 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.