Pablo M. Koziner - 07 Sep 2021 Form 4 Insider Report for Nikola Corp (NKLAQ)

Signature
/s/ Britton M. Worthen, Attorney-in-fact
Issuer symbol
NKLAQ
Transactions as of
07 Sep 2021
Net transactions value
-$90,438
Form type
4
Filing time
09 Sep 2021, 18:52:10 UTC
Previous filing
15 Jun 2021
Next filing
09 Dec 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NKLA Common Stock Sale $90,438 -8,511 -1.6% $10.63* 511,682 07 Sep 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.