Stephen S. Burns - 06 Jan 2023 Form 4 Insider Report for Lordstown Motors Corp. (NRDE)

Reporting relationship: 10%+ Owner
Issuer ticker: NRDE
Reported as of: 06 Jan 2023
Net transaction value: -$4,350,000
SEC form: 4
Accepted by SEC: 10 Jan 2023, 13:00:15 UTC
Prior SEC filing: 15 Nov 2022
Source filing: View source filing
Reporting owner signature: /s/ Robert M. Loesch. by power of attorney

Key filing fact

Stephen S. Burns filed Form 4 for Lordstown Motors Corp. (NRDE) on 10 Jan 2023.

Key facts

This page summarizes Stephen S. Burns's Form 4 filing for Lordstown Motors Corp. (NRDE).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 10 Jan 2023, 13:00.

Change

Previous filing in this sequence was filed on 15 Nov 2022.
Current net transaction value: -$4,350,000.

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.

RIDE transaction

Class A Common Stock

Sale

Transaction value: $4,350,000
Shares: -5,000,000
Change %: -19%
Price: $0.8700
Shares after: 21,683,745
Date: 06 Jan 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

Section 16 status

Stephen S. Burns is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 1 footnote

Footnote F1

The price reported in column 4 is a weighted average price. The shares of Class A Common Stock were sold in multiple transactions on January 6, 2023 at prices ranging from $0.95 to $0.87. The Reporting Person undertakes to provide Lordstown Motors Corp., any shareholder of Lordstown Motors Corp. or the SEC staff, upon request, full information of the number of shares sold at each price within the range.