Keith A. Feldman - Mar 14, 2024 Form 4 Insider Report for NU RIDE INC. (NRDE)

Role: Director
Signature: /s/ Melissa A. Leonard, Attorney-in-Fact
Stock symbol: NRDE
Transactions as of: Mar 14, 2024
Transactions value $: $0
Form type: 4
Date filed: 3/18/2024, 05:18 PM
Previous filing: Feb 21, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NRDE	Class A common stock	Options Exercise		+410	+4.3%		9.95K	Mar 14, 2024	Direct	F1
transaction	NRDE	Class A common stock	Options Exercise		+410	+4.12%		10.4K	Mar 14, 2024	Direct	F1
transaction	NRDE	Class A common stock	Options Exercise		+1.06K	+10.26%		11.4K	Mar 14, 2024	Direct	F1
transaction	NRDE	Class A common stock	Options Exercise		+2.13K	+18.63%		13.5K	Mar 14, 2024	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	NRDE	Restricted Stock Units	Options Exercise	$0	-410	-100%	$0.00^*	0	Mar 14, 2024	Class A Common Stock	410	$0.00	Direct	F2, F3
transaction	NRDE	Restricted Stock Units	Options Exercise	$0	-410	-100%	$0.00^*	0	Mar 14, 2024	Class A Common Stock	410	$0.00	Direct	F2, F4
transaction	NRDE	Restricted Stock Units	Options Exercise	$0	-1.06K	-100%	$0.00^*	0	Mar 14, 2024	Class A Common Stock	1.06K	$0.00	Direct	F2, F5
transaction	NRDE	Restricted Stock Units	Options Exercise	$0	-2.13K	-100%	$0.00^*	0	Mar 14, 2024	Class A Common Stock	2.13K	$0.00	Direct	F2, F6

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

Keith A. Feldman is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	Restricted stock units ("RSUs") convert into Class A common stock on a one-for-one basis.
F2	On June 27, 2023, Lordstown Motors Corp., a Delaware corporation, together with its subsidiaries (collectively, the "Debtors"), filed voluntary petitions for relief (the "Chapter 11 Cases") under Chapter 11 of the United States Bankruptcy Code (the "Bankruptcy Code") in the United States Bankruptcy Court for the District of Delaware (the "Bankruptcy Court"). On March 5, 2024, the Bankruptcy Court entered an order (the "Confirmation Order") confirming the Third Modified First Amended Joint Chapter 11 Plan of Lordstown Motors Corp. and Its Affiliated Debtors (as may be further modified, amended, or supplemented, the "Plan"). On March 14, 2024 (the "Effective Date"), the Plan was consummated and became effective in accordance with its terms, and the Debtors emerged from the Chapter 11 Cases with the Company changing its name to Nu Ride Inc.
F3	On February 5, 2021, the reporting person was granted 410 RSUs, vesting on February 5, 2022. The reporting person had elected to defer receipt of the shares of Class A common stock underlying such RSUs upon vesting until the earlier of January 30, 2024 or the occurrence of specified events. Vesting and settlement of awards that was to occur during the pendency of the Chapter 11 Cases was stayed during that period until the Effective Date.
F4	On February 5, 2021, the reporting person was granted 410 RSUs, vesting in three equal annual installments beginning on February 5, 2022. The reporting person had elected to defer receipt of the shares of Class A common stock underlying such RSUs upon vesting until the earlier of January 30, 2026 or the occurrence of specified events. The reporting person resigned from the Issuer's Board of Directors on the Effective Date, and the shares of Class A common stock underlying such RSUs were settled in connection therewith.
F5	On February 5, 2022, the reporting person was granted 1,062 RSUs, vesting on May 19, 2022. The reporting person had elected to defer receipt of the shares of Class A common stock underlying such RSUs upon vesting until the occurrence of specified events. The reporting person resigned from the Issuer's Board of Directors on the Effective Date, and the shares of Class A common stock underlying such RSUs were settled in connection therewith.
F6	On May 19, 2022, the reporting person was granted 2,127 RSUs, vesting on May 19, 2023. The reporting person had elected to defer receipt of the shares of Class A common stock underlying such RSUs upon vesting until the occurrence of specified events. The reporting person resigned from the Issuer's Board of Directors on the Effective Date, and the shares of Class A common stock underlying such RSUs were settled in connection therewith.