Michael Gates - 19 May 2022 Form 4 Insider Report for Lordstown Motors Corp. (NRDE)

Role
Director
Signature
/s/ Melissa A. Leonard, Attorney-in-Fact
Issuer symbol
NRDE
Transactions as of
19 May 2022
Net transactions value
$0
Form type
4
Filing time
23 May 2022, 19:17:24 UTC
Previous filing
08 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RIDE Class A Common Stock Options Exercise +15,937 +87% 34,257 19 May 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 RIDE Restricted Stock Units Options Exercise $0 -15,937 -100% $0.000000* 0 19 May 2022 Class A Common Stock 15,937 $0.000000 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Michael Gates is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Restricted stock units ("RSUs") convert into Class A common stock on a one-for-one basis.
F2 These RSUs were initially reported as vesting on February 5, 2023 and instead vested on the annual stockholder meeting date of May 19, 2022.