Anastasiya Pasterick - Aug 9, 2023 Form 4 Insider Report for Nikola Corp (NKLA)

Role: Chief Financial Officer
Signature: /s/ Britton M. Worthen, Attorney in Fact
Stock symbol: NKLA
Transactions as of: Aug 9, 2023
Transactions value $: -$30,792
Form type: 4
Date filed: 8/11/2023, 06:39 PM
Previous filing: Apr 17, 2023
Next filing: Sep 8, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NKLA	Common Stock	Award	$0	+2.08K	+1.11%	$0.00	190K	Aug 9, 2023	Direct	F1
transaction	NKLA	Common Stock	Sale	-$30.8K	-15.7K	-8.27%	$1.96	174K	Aug 10, 2023	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 that vests on August 9, 2023.
F2	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.

Content

Shares issuable upon settlement of restricted stock unit award that vests on August 9, 2023.

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.