Daniel A. Ninivaggi - Aug 26, 2021 Form 4 Insider Report for Lordstown Motors Corp. (RIDE)

Role: CHIEF EXECUTIVE OFFICER, Director
Signature: /s/ Thomas V. Canepa, Attorney-in-Fact
Stock symbol: RIDE
Transactions as of: Aug 26, 2021
Transactions value $: $3,857,000
Form type: 4
Date filed: 8/27/2021, 04:20 PM
Previous filing: Jul 2, 2021
Next filing: Mar 4, 2022
SEC: View on sec.gov

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	Restricted Stock Units	Award	$0	+700K		$0.00	700K	Aug 26, 2021	Class A Common Stock	700K	$0.00	Direct	F1
transaction	RIDE	Employee Stock Options	Award	$3.86M	+700K		$5.51	700K	Aug 26, 2021	Class A Common Stock	700K	$5.51	Direct	F2

Showing 1 to 2 of 2 entries

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

Explanation of Responses:

Id	Content
F1	700,000 restricted stock units vest in three equal annual installments beginning on August 26, 2022, subject to the reporting person's continued employment through each vesting date.
F2	700,000 stock options vest in three equal annual installments beginning on August 26, 2022, subject to the reporting person's continued employment through each vesting date.