David T. Hamamoto - Feb 5, 2022 Form 4 Insider Report for Lordstown Motors Corp. (RIDE)

Role
Director
Signature
/s/ Melissa A. Leonard, Attorney-in-Fact
Stock symbol
RIDE
Transactions as of
Feb 5, 2022
Transactions value $
$0
Form type
4
Date filed
2/8/2022, 04:30 PM
Next filing
May 23, 2022

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 Feb 5, 2022 Class A Common Stock 15.9K $0.00 Direct F1
holding RIDE Restricted Stock Units 6.16K Feb 5, 2022 Class A Common Stock 6.16K $0.00 Direct F2
holding RIDE Restricted Stock Units 6.16K Feb 5, 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.