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
- Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis.
- 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.
- 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.