Carey Mendes - Sep 1, 2022 Form 4 Insider Report for Nikola Corp (NKLA)

Role
President, Energy
Signature
/s/ Britton M. Worthen, Attorney-in-fact
Stock symbol
NKLA
Transactions as of
Sep 1, 2022
Transactions value $
$0
Form type
4
Date filed
9/6/2022, 07:43 PM
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 +261K +275.01% $0.00 356K Sep 1, 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 +135K $0.00 135K Sep 1, 2022 Common Stock 0 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 a restricted stock unit award that will vest over three years in equal annual installments, subject to continued service with the Issuer through August 30, 2025.
F2 Maximum number of shares issuable upon settlement of a market-based restricted stock unit award based upon the achievement of a share price milestone of the Company's common stock price between September 1, 2022 and June 3, 2024, subject to continued service with the Issuer through June 3, 2024.