Michael Lohscheller - 06 Mar 2023 Form 4 Insider Report for Nikola Corp (NKLAQ)

Reporting relationship: Chief Executive Officer, Director
Issuer ticker: NKLAQ
Reported as of: 06 Mar 2023
Net transaction value: -$58,847
SEC form: 4
Accepted by SEC: 07 Mar 2023, 16:00:24 UTC
Prior SEC filing: 08 Sep 2022
Next SEC filing: 11 Aug 2023
Source filing: View source filing
Reporting owner signature: /s/ Britton M. Worthen, Attorney-in-fact

Key filing fact

Michael Lohscheller filed Form 4 for Nikola Corp (NKLAQ) on 07 Mar 2023.

Key facts

This page summarizes Michael Lohscheller's Form 4 filing for Nikola Corp (NKLAQ).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 07 Mar 2023, 16:00.

Change

Previous filing in this sequence was filed on 08 Sep 2022.
Current net transaction value: -$58,847.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

NKLA transaction

Common Stock

Sale

Transaction value: $58,847
Shares: -27,863
Change %: -3.2%
Price: $2.11
Shares after: 849,184
Date: 06 Mar 2023
Ownership: Direct
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote 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.