Trevor R. Milton - 24 Aug 2022 Form 4 Insider Report for Nikola Corp (NKLAQ)

Role
10%+ Owner
Signature
/s/ Trevor R. Milton
Issuer symbol
NKLAQ
Transactions as of
24 Aug 2022
Net transactions value
+$17,400,000
Form type
4
Filing time
24 Aug 2022, 20:26:53 UTC
Previous filing
09 Aug 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NKLA Common Stock Purchase $17,400,000 +3,000,000 +6.2% $5.80 51,047,726 24 Aug 2022 By M&M Residual, LLC F1, F2
holding NKLA Common Stock 1,250,000 24 Aug 2022 By Spouse F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the receipt of purchase consideration in connection with the sale of real estate by an affiliate of M&M Residual, LLC.
F2 As manager of M&M Residual, LLC, Mr. Milton may be deemed to indirectly beneficially own securities held by such entity.
F3 Mr. Milton may be deemed to indirectly beneficially own securities held by Mr. Milton's spouse.

Remarks:

This Form 4 is filed jointly by Trevor R. Milton and M&M Residual, LLC.