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

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
08 Feb 2022, 16:18:29 UTC
Next SEC filing
23 May 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Melissa A. Leonard, Attorney-in-Fact
Filing notes and source

Key filing fact

Michael Gates filed Form 4 for Lordstown Motors Corp. (NRDE) on 08 Feb 2022.

Key facts

  • This page summarizes Michael Gates's Form 4 filing for Lordstown Motors Corp. (NRDE).
  • 5 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 08 Feb 2022, 16:18.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

RIDE transaction

Class A Common Stock

Options Exercise

Transaction value
Shares
+2,055
Change %
+20%
Price
Shares after
12,156
Date
05 Feb 2022
Ownership
Direct
Footnotes
F1
RIDE transaction

Class A Common Stock

Options Exercise

Transaction value
Shares
+6,164
Change %
+51%
Price
Shares after
18,320
Date
05 Feb 2022
Ownership
Direct
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

RIDE transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-2,055
Change %
-33%
Price
$0.000000
Shares after
4,109
Date
05 Feb 2022
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
2,055
Exercise price
$0.000000
Footnotes
F2
RIDE transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-6,164
Change %
-100%
Price
$0.000000*
Shares after
0
Date
05 Feb 2022
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
6,164
Exercise price
$0.000000
Footnotes
F3
RIDE transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+15,937
Change %
Price
$0.000000
Shares after
15,937
Date
05 Feb 2022
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
15,937
Exercise price
$0.000000
Footnotes
F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Restricted stock units ("RSUs") convert into Class A common stock on a one-for-one basis.

Footnote F2

On February 5, 2021, the reporting person was granted 6,164 RSUs, vesting in three equal annual installments beginning on February 5, 2022.

Footnote F3

On February 5, 2021, the reporting person was granted 6,164 RSUs, vesting on February 5, 2022.

Footnote F4

15,937 RSUs vest on February 5, 2023.

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