Filing Details

Accession Number:
0001104659-22-029130
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-03-02 12:00:19
Reporting Period:
2022-02-28
Accepted Time:
2022-03-02 12:00:19
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1759546 Lordstown Motors Corp. RIDE () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1481717 S. Stephen Burns C/O Tucker Ellis Llp, 950 Main Avenue,
Suite 1100
Cleveland OH 44113
No No Yes 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 2022-02-28 5,285,000 $2.56 37,862,745 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Footnotes
  1. The price reported in column 4 is a weighted average price. The shares of Class A Common Stock were sold in multiple transactions at prices ranging from $2.32 to $2.97, inclusive. 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.
  2. On January 11, 2022 upon the termination of a grantor retained annuity trust (GRAT), of which the Reporting Person was the trustee and sole annuiant, 13,906,553 shares of Class A Common Stock were transferred to the Reporting Person's direct ownership and are shown on this Form 4 as directly owned. These shares were shown as indirectly owned by GRAT on the Reporting Person's last Form 4.