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

Role: FORMER VP OF PROPULSION
Signature: /s/ Thomas V. Canepa, Attorney-in-Fact
Issuer symbol: NRDE
Transactions as of: 18 Nov 2020
Net transactions value: +$1,518,406
Form type: 4
Filing time: 01 Feb 2022, 08:21:53 UTC
Next filing: 01 Feb 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RIDE	Class A Common Stock	Purchase	$25,250	+1,000	+0.99%	$25.25^*	101,717	12 Jan 2021	Direct
transaction	RIDE	Class A Common Stock	Sale	$26,000	-1,000	-58%	$26.00^*	717	03 Feb 2021	Direct
transaction	RIDE	Class A Common Stock	Purchase	$135,250	+5,000	+697%	$27.05^*	5,717	12 Feb 2021	Direct
transaction	RIDE	Class A Common Stock	Purchase	$11,884	+435	+7.6%	$27.32^*	6,152	12 Feb 2021	Direct
transaction	RIDE	Class A Common Stock	Purchase	$47,828	+1,750	+28%	$27.33^*	7,902	12 Feb 2021	Direct
transaction	RIDE	Class A Common Stock	Purchase	$43,826	+1,603	+20%	$27.34^*	9,505	12 Feb 2021	Direct
transaction	RIDE	Class A Common Stock	Purchase	$33,148	+1,212	+13%	$27.35^*	10,717	12 Feb 2021	Direct
transaction	RIDE	Class A Common Stock	Purchase	$137,250	+5,000	+47%	$27.45^*	15,717	12 Feb 2021	Direct
transaction	RIDE	Class A Common Stock	Purchase	$181,587	+7,249	+46%	$25.05^*	22,966	16 Feb 2021	Direct	F1
transaction	RIDE	Class A Common Stock	Purchase	$251,500	+10,000	+44%	$25.15^*	32,966	16 Feb 2021	Direct	F1
transaction	RIDE	Class A Common Stock	Purchase	$127,250	+5,000	+15%	$25.45^*	37,966	16 Feb 2021	Direct
transaction	RIDE	Class A Common Stock	Purchase	$6,258	+250	+0.66%	$25.03^*	38,216	16 Feb 2021	Direct	F1
transaction	RIDE	Class A Common Stock	Purchase	$62,625	+2,501	+6.5%	$25.04^*	40,717	16 Feb 2021	Direct	F1
transaction	RIDE	Class A Common Stock	Purchase	$126,250	+5,000	+12%	$25.25^*	45,717	16 Feb 2021	Direct
transaction	RIDE	Class A Common Stock	Purchase	$240,000	+10,000	+22%	$24.00^*	55,717	17 Feb 2021	Direct	F1
transaction	RIDE	Class A Common Stock	Purchase	$119,250	+5,000	+9%	$23.85^*	60,717	17 Feb 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	$6,242	-485	-100%	$12.87	0	18 Nov 2020	Class A Common Stock	485	$11.50	Direct
transaction	RIDE	Warrants (Right to Buy)	Purchase	$6,730	+626		$10.75	626	19 Nov 2020	Class A Common Stock	626	$11.50	Direct	F1
transaction	RIDE	Warrants (Right to Buy)	Sale	$1,889	-226	-36%	$8.36	400	15 Dec 2020	Class A Common Stock	226	$11.50	Direct
transaction	RIDE	Warrants (Right to Buy)	Sale	$3,348	-400	-100%	$8.37	0	15 Dec 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.

Content

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.