David T. Hamamoto - 05 Feb 2022 Form 4 Insider Report for Lordstown Motors Corp. (RIDE)

Role
Director
Signature
/s/ Melissa A. Leonard, Attorney-in-Fact
Issuer symbol
RIDE
Transactions as of
05 Feb 2022
Transactions value $
$0
Form type
4
Filing time
08 Feb 2022, 16:30:33
Next filing
23 May 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 +15.9K $0.00 15.9K 05 Feb 2022 Class A Common Stock 15.9K $0.00 Direct F1
holding RIDE Restricted Stock Units 6.16K 05 Feb 2022 Class A Common Stock 6.16K $0.00 Direct F2
holding RIDE Restricted Stock Units 6.16K 05 Feb 2022 Class A Common Stock 6.16K $0.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 15,937 restricted stock units ("RSUs") vest on February 5, 2023.
F2 On February 5, 2021, the reporting person was granted 6,164 RSUs, vesting in three equal annual installments beginning on February 5, 2022. The reporting person has elected to defer receipt of the shares of Class A common stock underlying such RSUs upon vesting until the earlier of January 30, 2024 or the occurrence of specified events. There is no reportable change since the reporting person's last filing, and this is a reiteration of the reporting person's holdings only.
F3 On February 5, 2021, the reporting person was granted 6,164 RSUs, vesting on February 5, 2022. The reporting person has elected to defer receipt of the shares of Class A common stock underlying such vested RSUs until the earlier of January 30, 2026 or the occurrence of specified events. There is no reportable change since the reporting person's last filing, and this is a reiteration of the reporting person's holdings only.