Angela Strand Boydston - 19 May 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
19 May 2022
Net transactions value
$0
Form type
4
Filing time
23 May 2022, 19:15:37 UTC
Previous filing
08 Feb 2022
Next filing
15 Aug 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 +15,937 +27% 74,156 19 May 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 -15,937 -100% $0.000000* 0 19 May 2022 Class A Common Stock 15,937 $0.000000 Direct F2
transaction RIDE Restricted Stock Units Award $0 +31,915 $0.000000 31,915 19 May 2022 Class A Common Stock 31,915 $0.000000 Direct F3
transaction RIDE Stock Options Award $0 +31,915 $0.000000 31,915 19 May 2022 Class A Common Stock 31,915 $2.35 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 These RSUs were initially reported as vesting on February 5, 2023 and instead vested on the annual stockholder meeting date of May 19, 2022.
F3 31,915 RSUs vest on May 19, 2023.
F4 31,915 stock options vest on May 19, 2023.