Phil Richard Schmidt - 13 Jun 2021 Form 4 Insider Report for Lordstown Motors Corp. (NRDE)

Role: PRESIDENT
Signature: /s/ Thomas V. Canepa, Attorney-in-Fact
Issuer symbol: NRDE
Transactions as of: 13 Jun 2021
Net transactions value: $0
Form type: 4
Filing time: 15 Jun 2021, 18:42:46 UTC
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	RIDE	Class A Common Stock						9,366	13 Jun 2021	Direct

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	RIDE	Employee Stock Options	Award	$0	+500,000		$0.000000	500,000	13 Jun 2021	Class A Common Stock	500,000	$11.41	Direct	F1

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

Explanation of Responses:

Id	Content
F1	The options vest pro rata on a monthly basis ending on the third anniversary of the grant date if the daily volume weighted average trading price of the Company's Class A common stock has exceeded $20 for at least 30 consecutive trading days.