Jane Reiss - 05 Feb 2023 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
05 Feb 2023
Net transactions value
$0
Form type
4
Filing time
07 Feb 2023, 18:05:31 UTC
Previous filing
23 May 2022
Next filing
18 Mar 2024
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 +2,055 +25% 10,274 05 Feb 2023 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 -2,055 -50% $0.000000 2,054 05 Feb 2023 Class A Common Stock 2,055 $0.000000 Direct F2
* 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 On February 5, 2021, the reporting person was granted 6,164 RSUs, vesting in three equal annual installments beginning on February 5, 2022.