Schmidt Phil Richard 4
4 · Lordstown Motors Corp. · Filed Dec 21, 2020
Insider Transaction Report
Form 4
Schmidt Phil Richard
President
Transactions
- Sale
Class A Common Stock
2020-12-11$20.29/sh−51,900$1,053,051→ 20,878 total
Holdings
- 167,645
Incentive Stock Options (Right to Buy)
Exercise: $1.79Exp: 2029-10-31→ Class A Common Stock (167,645 underlying) - 616,444
Non-Qualified Stock Options (Right to Buy)
Exercise: $1.79Exp: 2029-10-31→ Class A Common Stock (616,444 underlying)
Footnotes (3)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.10 to $20.65, 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.
- [F2]111,764 options are fully vested and exercisable, and 55,881 options vest on November 1, 2021.
- [F3]413,018 options are fully vested and exercisable, and 203,426 options vest on November 1, 2021.