Key facts
- This page summarizes Daniel A. Ninivaggi's Form 4 filing for Lordstown Motors Corp. (NRDE).
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 29 Aug 2022, 19:35.
Daniel A. Ninivaggi - 26 Aug 2022 Form 4 Insider Report for Lordstown Motors Corp. (NRDE)
- Reporting relationship
- EXECUTIVE CHAIRMAN, Director
- Issuer ticker
- NRDE
- Reported as of
- 26 Aug 2022
- Net transaction value
- -$209,572
- SEC form
- 4
- Accepted by SEC
- 29 Aug 2022, 19:35:25 UTC
- Prior SEC filing
- 16 Aug 2022
- Next SEC filing
- 26 May 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Melissa A. Leonard, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Daniel A. Ninivaggi filed Form 4 for Lordstown Motors Corp. (NRDE) on 29 Aug 2022.
Change
- Previous filing in this sequence was filed on 16 Aug 2022.
- Current net transaction value: -$209,572.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
RIDE
transaction
Class A Common Stock
Options Exercise
- Transaction value
- Shares
- +233,333
- Change %
- +1167%
- Price
- Shares after
- 253,333
- Date
- 26 Aug 2022
- Ownership
- Direct
- Footnotes
- F1
RIDE
transaction
Class A Common Stock
Tax liability
- Transaction value
- $209,572
- Shares
- -101,734
- Change %
- -40%
- Price
- $2.06
- Shares after
- 151,599
- Date
- 26 Aug 2022
- Ownership
- Direct
- Footnotes
- F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
RIDE
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -233,333
- Change %
- -33%
- Price
- $0.000000
- Shares after
- 466,667
- Date
- 26 Aug 2022
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 233,333
- Exercise price
- $0.000000
- Footnotes
- F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis.
Footnote F2
Represents shares withheld by the Issuer to satisfy the Reporting Person's tax withholding obligation upon the settlement of previously reported restricted stock units, which vested on August 26, 2022. This does not represent a sale by the Reporting Person.
Footnote F3
The initial award amount of 700,000 RSUs vests in three equal annual installments beginning on August 26, 2022, subject to the Reporting Person's continued employment through each vesting date.