Michael Lohscheller - 28 Apr 2022 Form 4 Insider Report for Nikola Corp (NKLAQ)

Signature
/s/ Britton M. Worthen, Attorney-in-fact
Issuer symbol
NKLAQ
Transactions as of
28 Apr 2022
Net transactions value
$0
Form type
4
Filing time
02 May 2022, 17:53:03 UTC
Previous filing
29 Mar 2022
Next filing
17 Aug 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NKLA Common Stock Award $0 +385,620 $0.000000 385,620 28 Apr 2022 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 NKLA Market-Based Restricted Stock Unit Award $0 +949,026 $0.000000 949,026 28 Apr 2022 Common Stock 949,026 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares issuable upon settlement of restricted stock unit award granted on April 28, 2022, restricted stock units vest in six equal semi-annual installments beginning on September 6, 2022, subject to continued service with the Issuer through the applicable vesting dates.
F2 Maximum number of shares issuable upon settlement of a market-based restricted stock unit award based upon the achievement of share price milestones of the Company's common stock between March 24, 2022 and June 3, 2023, subject to continued service with the Issuer through June 3, 2023.