Stephen S. Burns - Jan 6, 2023 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: Jan 6, 2023
Transactions value $: -$4,350,000
Form type: 4
Date filed: 1/10/2023, 01:00 PM
Previous filing: Nov 15, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RIDE	Class A Common Stock	Sale	-$4.35M	-5M	-18.74%	$0.87	21.7M	Jan 6, 2023	Direct	F1

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

Stephen S. Burns is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

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 on January 6, 2023 at prices ranging from $0.95 to $0.87. 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 price reported in column 4 is a weighted average price. The shares of Class A Common Stock were sold in multiple transactions on January 6, 2023 at prices ranging from $0.95 to $0.87. 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.