Filing Details

Accession Number:
0001415889-22-006603
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-06-15 17:08:23
Reporting Period:
2022-06-13
Accepted Time:
2022-06-15 17:08:23
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
1868104 Jane Ritson-Parsons 2300 Hallock Young Road
Lordstown OH 44481
Evp, Chief Commercial Officer No No 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 2022-06-13 116,667 $0.00 116,667 No 4 M Direct
Class A Common Stock Disposition 2022-06-13 36,193 $1.61 80,474 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 Restricted Stock Units Disposition 2022-06-13 116,667 $0.00 116,667 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
233,333 No 4 M Direct
Footnotes
  1. Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis.
  2. The sale reported in this Form 4 represents shares automatically sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of RSUs and does not represent a discretionary sale by the Reporting Person.
  3. 350,000 RSUs vest in three equal annual installments beginning on the first anniversary of the grant date, subject to the Reporting Person's continued employment through each vesting date.