Kerry A. Shiba - Oct 13, 2022 Form 4 Insider Report for Romeo Power, Inc. (RMO)

Role
Chief Financial Officer
Signature
/S/ Kerry Shiba
Stock symbol
RMO
Transactions as of
Oct 13, 2022
Transactions value $
$0
Form type
4
Date filed
10/17/2022, 04:13 PM
Previous filing
Jul 28, 2022
Next filing
Feb 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RMO Common Stock Disposition pursuant to a tender of shares in a change of control transaction $0 -25.3K -100% $0.00* 0 Oct 13, 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 RMO Restricted Stock Units Disposition pursuant to a tender of shares in a change of control transaction $0 +588K $0.00* 0 Oct 13, 2022 Common Stock 588K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Kerry A. Shiba is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Pursuant to the exchange offer conducted by Nikola Corporation, the reporting person exchanged all shares of common stock of the Issuer held by the reporting person for shares of Nikola Corporation common stock on a 1-for-0.1186 basis.
F2 Each restricted stock unit represents a contingent right to receive one share of common stock.
F3 Pursuant to the Agreement and Plan of Merger and Reorganization, dated as of July 30, 2022, by and among Nikola Corporation, J Purchaser Corp. and Romeo Power, Inc. (the "Merger Agreement"), each restricted stock unit of the Issuer that was outstanding as of the effective time of the merger, whether vested or unvested, was automatically converted into a restricted stock unit with respect to shares of Nikola Corporation common stock, as adjusted for the 1-for-0.1186 exchange ratio detailed in the merger agreement.