Daniel A. Ninivaggi - Aug 15, 2022 Form 4 Insider Report for Lordstown Motors Corp. (RIDE)

Role: EXECUTIVE CHAIRMAN, Director
Signature: /s/ Melissa A. Leonard, Attorney-in-Fact
Stock symbol: RIDE
Transactions as of: Aug 15, 2022
Transactions value $: $0
Form type: 4
Date filed: 8/16/2022, 04:19 PM
Previous filing: May 31, 2022
Next filing: Aug 29, 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	+225K		$0.00	225K	Aug 15, 2022	Class A Common Stock	225K	$0.00	Direct	F1
transaction	RIDE	Employee Stock Options	Award	$0	+113K		$0.00	113K	Aug 15, 2022	Class A Common Stock	113K	$3.45	Direct	F2

Showing 1 to 2 of 2 entries

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	225,000 restricted stock units vest in three equal annual installments beginning on August 15, 2023, subject to the Reporting Person's continued employment through each vesting date.
F2	112,500 stock options vest in three equal annual installments beginning on August 15, 2023, subject to the Reporting Person's continued employment through each vesting date.