Filing Details

Accession Number:
0001104659-21-015343
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-02-08 18:21:34
Reporting Period:
2021-02-04
Accepted Time:
2021-02-08 18:21:34
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1759546 Lordstown Motors Corp. RIDE Motor Vehicles & Passenger Car Bodies (3711) 832533239
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1827681 Darren Post C/O Lordstown Motors Corp.
2300 Hallock Young Road
Lordstown OH 44481
Vice President Of Engineering No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2021-02-04 10,000 $1.79 10,000 No 4 M Direct
Class A Common Stock Disposition 2021-02-04 10,000 $27.21 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Incentive Stock Options (Right to Buy) Disposition 2021-02-04 10,000 $0.00 10,000 $1.79
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
157,645 2029-11-20 No 4 M Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Class A Common Stock Non-Qualified Stock Options (Right to Buy) $1.79 2030-02-14 55,880 55,880 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2030-02-14 55,880 55,880 Direct
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.20 to $27.28, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnote to this Form 4.
  2. 55,880 options are vested and fully exercisable. 55,880 options vest on November 11, 2021, and 55,880 options vest on November 11, 2022.
  3. 18,608 options vest on February 14, 2021, 18,608 options vest on February 14, 2022, and 18,664 options vest on February 14, 2023.