Anastasiya Pasterick - 06 Sep 2023 Form 4 Insider Report for Nikola Corp (NKLAQ)

Signature
/s/ Britton M. Worthen, Attorney in Fact
Issuer symbol
NKLAQ
Transactions as of
06 Sep 2023
Net transactions value
-$7,521
Form type
4
Filing time
08 Sep 2023, 16:05:35 UTC
Previous filing
11 Aug 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NKLA Common Stock Sale $7,521 -6,709 -3.8% $1.12 167,777 06 Sep 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.