Chuan D. Vo - Nov 18, 2020 Form 4 Insider Report for Lordstown Motors Corp. (RIDE)

Signature
/s/ Thomas V. Canepa, Attorney-in-Fact
Stock symbol
RIDE
Transactions as of
Nov 18, 2020
Transactions value $
$1,518,406
Form type
4
Date filed
2/1/2022, 08:21 AM
Next filing
Feb 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RIDE Class A Common Stock Purchase $25.3K +1K +0.99% $25.25* 102K Jan 12, 2021 Direct
transaction RIDE Class A Common Stock Sale -$26K -1K -58.24% $26.00* 717 Feb 3, 2021 Direct
transaction RIDE Class A Common Stock Purchase $135K +5K +697.35% $27.05* 5.72K Feb 12, 2021 Direct
transaction RIDE Class A Common Stock Purchase $11.9K +435 +7.61% $27.32* 6.15K Feb 12, 2021 Direct
transaction RIDE Class A Common Stock Purchase $47.8K +1.75K +28.45% $27.33* 7.9K Feb 12, 2021 Direct
transaction RIDE Class A Common Stock Purchase $43.8K +1.6K +20.29% $27.34* 9.51K Feb 12, 2021 Direct
transaction RIDE Class A Common Stock Purchase $33.1K +1.21K +12.75% $27.35* 10.7K Feb 12, 2021 Direct
transaction RIDE Class A Common Stock Purchase $137K +5K +46.65% $27.45* 15.7K Feb 12, 2021 Direct
transaction RIDE Class A Common Stock Purchase $182K +7.25K +46.12% $25.05* 23K Feb 16, 2021 Direct F1
transaction RIDE Class A Common Stock Purchase $252K +10K +43.54% $25.15* 33K Feb 16, 2021 Direct F1
transaction RIDE Class A Common Stock Purchase $127K +5K +15.17% $25.45* 38K Feb 16, 2021 Direct
transaction RIDE Class A Common Stock Purchase $6.26K +250 +0.66% $25.03* 38.2K Feb 16, 2021 Direct F1
transaction RIDE Class A Common Stock Purchase $62.6K +2.5K +6.54% $25.04* 40.7K Feb 16, 2021 Direct F1
transaction RIDE Class A Common Stock Purchase $126K +5K +12.28% $25.25* 45.7K Feb 16, 2021 Direct
transaction RIDE Class A Common Stock Purchase $240K +10K +21.87% $24.00* 55.7K Feb 17, 2021 Direct F1
transaction RIDE Class A Common Stock Purchase $119K +5K +8.97% $23.85* 60.7K Feb 17, 2021 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 RIDE Warrants (Right to Buy) Sale -$6.24K -485 -100% $12.87 0 Nov 18, 2020 Class A Common Stock 485 $11.50 Direct
transaction RIDE Warrants (Right to Buy) Purchase $6.73K +626 $10.75 626 Nov 19, 2020 Class A Common Stock 626 $11.50 Direct F1
transaction RIDE Warrants (Right to Buy) Sale -$1.89K -226 -36.1% $8.36 400 Dec 15, 2020 Class A Common Stock 226 $11.50 Direct
transaction RIDE Warrants (Right to Buy) Sale -$3.35K -400 -100% $8.37 0 Dec 15, 2020 Class A Common Stock 400 $11.50 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Chuan D. Vo is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 This is the first of two late filings to report the transactions described herein that occurred on various dates from November 18, 2020 to April 15, 2021 (see "Remarks"), pursuant to which the reporting person purchased an aggregate 100,976 shares of Issuer's Class A Common Stock and warrants as reported herein that were matchable under Section 16(b) of the Securities Exchange Act of 1934, to the extent of 100,976 shares with the reporting person's sale of 1,000 and 100,000 shares of the Issuer's Class A Common Stock at a price of $26.00 per share on February 3, 2021 and $25.21 per share on February 2, 2021, respectively. The reporting person has paid to the Issuer $414,409.00, representing the full amount of the profit realized in connection with the short-swing transaction.

Remarks:

This Form 4 is the first of two Form 4s being filed by the Reporting Person relating to the transactions described herein that occurred on various dates from November 18, 2020 to April 15, 2021. The Form 4 has been split into two filings to cover all 31 individual transactions, because the SEC's EDGAR filing system limits a single Form 4 to a maximum of 30 separate transactions per table. Each Form 4 will be filed by the Reporting Person.