Michael Gates - 05 Feb 2022 Form 4 Insider Report for Lordstown Motors Corp. (NRDE)

Role
Director
Signature
/s/ Melissa A. Leonard, Attorney-in-Fact
Issuer symbol
NRDE
Transactions as of
05 Feb 2022
Net transactions value
$0
Form type
4
Filing time
08 Feb 2022, 16:18:29 UTC
Next filing
23 May 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 Options Exercise +2,055 +20% 12,156 05 Feb 2022 Direct F1
transaction RIDE Class A Common Stock Options Exercise +6,164 +51% 18,320 05 Feb 2022 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 Restricted Stock Units Options Exercise $0 -2,055 -33% $0.000000 4,109 05 Feb 2022 Class A Common Stock 2,055 $0.000000 Direct F2
transaction RIDE Restricted Stock Units Options Exercise $0 -6,164 -100% $0.000000* 0 05 Feb 2022 Class A Common Stock 6,164 $0.000000 Direct F3
transaction RIDE Restricted Stock Units Award $0 +15,937 $0.000000 15,937 05 Feb 2022 Class A Common Stock 15,937 $0.000000 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units ("RSUs") convert into Class A common stock on a one-for-one basis.
F2 On February 5, 2021, the reporting person was granted 6,164 RSUs, vesting in three equal annual installments beginning on February 5, 2022.
F3 On February 5, 2021, the reporting person was granted 6,164 RSUs, vesting on February 5, 2022.
F4 15,937 RSUs vest on February 5, 2023.