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Filing Details

Accession Number:: 0001104659-21-012356
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-02-04 17:39:07
Reporting Period:: 2021-02-02

Accepted Time:: 2021-02-04 17:39:07
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
1827670	Richard Phil Schmidt	C/O Lordstown Motors Corp. 2300 Hallock Young Road Lordstown OH 44481	President	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Class A Common Stock	Acquisiton	2021-02-02	150,000	$1.79	170,878	No	4	M	Direct
Class A Common Stock	Disposition	2021-02-02	150,000	$24.51	20,878	No	4	S	Direct
Class A Common Stock	Disposition	2021-02-02	11,512	$25.02	9,366	No	4	S	Direct
Class A Common Stock	Acquisiton	2021-02-03	50,000	$1.79	59,366	No	4	M	Direct
Class A Common Stock	Disposition	2021-02-03	50,000	$27.44	9,366	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Non-Qualified Stock Options (Right to Buy)	Disposition	2021-02-02	150,000	$0.00	150,000	$1.79
Class A Common Stock	Non-Qualified Stock Options (Right to Buy)	Disposition	2021-02-03	50,000	$0.00	50,000	$1.79

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
466,444		2029-10-31	No	4	M	Direct
416,444		2029-10-31	No	4	M	Direct

Reported Derivative Holdings

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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		2029-10-31	167,645	167,645	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2029-10-31	167,645	167,645	Direct

Footnotes

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.50 to $24.63, 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.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.00 to $25.10, 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.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.40 to $27.55, 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.
213,018 options are fully vested and exercisable, and 203,426 options vest on November 1, 2021.
111,764 options are fully vested and exercisable, and 55,881 options vest on November 1, 2021.