Michael Lohscheller - 15 Aug 2022 Form 4 Insider Report for Nikola Corp (NKLAQ)

Role: President, Nikola Corporation, Director
Signature: /s/ Britton M. Worthen, Attorney-in-fact
Issuer symbol: NKLAQ
Transactions as of: 15 Aug 2022
Net transactions value: $0
Form type: 4
Filing time: 17 Aug 2022, 18:03:12 UTC
Previous filing: 02 May 2022
Next filing: 08 Sep 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NKLA	Common Stock	Award	$0	+511,400	+133%	$0.000000	897,020	15 Aug 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	+267,250	+128%	$0.000000	475,973	15 Aug 2022	Common Stock	267,250		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 August 15, 2022, restricted stock units vest in three equal annual installments beginning on August 15, 2023, 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 milestone of the Company's common stock between August 15, 2022 and June 3, 2024, subject to continued service with the Issuer through June 4, 2024.