Geeta Gupta - 09 Jun 2021 Form 4 Insider Report for Fisker Inc./DE

Role
Chief Financial Officer, Director
Signature
/s/ Geeta Gupta
Issuer symbol
N/A
Transactions as of
09 Jun 2021
Net transactions value
-$9,983,937
Form type
4
Filing time
11 Jun 2021, 19:22:39 UTC
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FSR Class A Common Stock Options Exercise $32,397 +539,956 +57% $0.0600* 1,481,474 10 Jun 2021 Held by the Mayfair Trust F1, F2
transaction FSR Class A Common Stock Sale $9,606,303 -539,956 -36% $17.79 941,518 10 Jun 2021 Held by the Mayfair Trust F2, F3
transaction FSR Class A Common Stock Options Exercise $1,320 +22,000 +2.3% $0.0600* 963,518 11 Jun 2021 Held by the Mayfair Trust F2
transaction FSR Class A Common Stock Sale $411,352 -22,000 -2.3% $18.70 941,518 11 Jun 2021 Held by the Mayfair Trust F2, F4

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 FSR Stock Option Gift $0 +730,989 $0.000000 730,989 09 Jun 2021 Class A Common Stock 730,989 $0.0600 Held by the Mayfair Trust F5, F6
transaction FSR Stock Option Gift $0 +7,189,995 $0.000000 7,189,995 09 Jun 2021 Class A Common Stock 7,189,995 $0.0600 Held by the Mayfair Trust F5, F6
transaction FSR Stock Option Options Exercise $0 -539,956 -6.8% $0.000000 7,421,771 10 Jun 2021 Class A Common Stock 539,956 $0.0600 Held by the Mayfair Trust F2, F5
transaction FSR Stock Option Options Exercise $0 -22,000 -0.3% $0.000000 7,399,771 11 Jun 2021 Class A Common Stock 22,000 $0.0600 Held by the Mayfair Trust F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes shares previously held by HF Holdco, LLC which have been transferred into the Mayfair Trust.
F2 The Reporting Person and her spouse are the trustees of the Mayfair Trust.
F3 The price reported herein is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.44 to $18.37, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4 The price reported herein is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.365 to $18.89, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5 The stock option is fully vested and immediately exercisable.
F6 On June 9, 2021, the Reporting Person's spouse transferred this stock option to the Mayfair Trust, of which the Reporting Person and her spouse are the trustees.

Remarks:

The sales reported on this Form 4 reflect the aggregate sales of stock underlying options formerly held by both Dr. Gupta and Mr. Fisker. Each of Dr. Gupta and Mr. Fisker have an indirect interest in the Mayfair Trust and have therefore each filed Form 4s with this information, but the sales are aggregated and not for each individually.