Dirk Ole Hoefelmann - Sep 4, 2024 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 4, 2024
Transactions value $
-$2,174
Form type
4
Date filed
9/6/2024, 04:15 PM
Previous filing
Jun 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NKLA Common Stock Sale -$2.17K -352 -0.7% $6.18 50.1K Sep 4, 2024 Direct F1, F2
* 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 required under the Issuer's equity incentive plan to satisfy the Reporting Person's tax withholding obligations and does not represent a discretionary trade by the Reporting Person.
F2 Reflects the one-for-thirty (1-for-30) reverse stock split that became effective on June 24, 2024.