Filing Details

Accession Number:
0001104659-20-138222
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-12-21 21:03:21
Reporting Period:
2020-12-14
Accepted Time:
2020-12-21 21:03:21
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
1827679 D. Chuan Vo C/O Lordstown Motors Corp.
2300 Hallock Young Road
Lordstown OH 44481
Vice President Of Propulsion 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 Disposition 2020-12-14 7,800 $20.00 191,217 No 4 S Direct
Class A Common Stock Disposition 2020-12-15 75,500 $20.25 115,717 No 4 S Direct
Class A Common Stock Disposition 2020-12-16 15,000 $20.75 100,717 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Class A Common Stock Incentive Stock Options (Right to Buy) $1.79 2030-02-13 167,645 167,645 Direct
Class A Common Stock Non-Qualified Stock Options (Right to Buy) $1.79 2030-02-13 55,881 55,881 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2030-02-13 167,645 167,645 Direct
2030-02-13 55,881 55,881 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 $19.75 to $20.70, 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. 55,882 options vest on February 24, 2021, 55,882 options vest on February 24, 2022, and 55,881 options vest on February 24, 2023.
  3. 18,608 options vest on February 24, 2021, 18,608 options vest on February 24, 2022, and 18,665 options vest on February 24, 2023.