Adam B. Kroll - 15 Aug 2022 Form 4 Insider Report for Lordstown Motors Corp. (NRDE)

Role
CHIEF FINANCIAL OFFICER
Signature
/s/ Melissa A. Leonard, Attorney-in-Fact
Issuer symbol
NRDE
Transactions as of
15 Aug 2022
Net transactions value
$0
Form type
4
Filing time
16 Aug 2022, 16:25:27 UTC
Previous filing
25 Oct 2021
Next filing
14 Oct 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 +270,000 $0.000000 270,000 15 Aug 2022 Class A Common Stock 270,000 $0.000000 Direct F1
transaction RIDE Employee Stock Options Award $0 +90,000 $0.000000 90,000 15 Aug 2022 Class A Common Stock 90,000 $3.45 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 270,000 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 90,000 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.