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

Role
President, Nikola Corporation, Director
Signature
/s/ Britton M. Worthen, Attorney-in-fact
Stock symbol
NKLA
Transactions as of
Aug 15, 2022
Transactions value $
$0
Form type
4
Date filed
8/17/2022, 06:03 PM
Previous filing
May 2, 2022
Next filing
Sep 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NKLA Common Stock Award $0 +511K +132.62% $0.00 897K Aug 15, 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 +267K +128.04% $0.00 476K Aug 15, 2022 Common Stock 267K 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.