4//SEC Filing
Brown Shane 4
Accession 0001104659-21-004306
CIK 0001759546other
Filed
Jan 13, 7:00 PM ET
Accepted
Jan 14, 5:25 PM ET
Size
8.9 KB
Accession
0001104659-21-004306
Insider Transaction Report
Form 4
Brown Shane
Chief Production Officer
Transactions
- Exercise of In-Money
Class A Common Stock
2021-01-13$11.50/sh+400$4,600→ 400 total - Exercise of In-Money
Warrant (Right to Buy)
2021-01-13−400→ 0 totalExercise: $11.50From: 2020-12-04Exp: 2021-01-15→ Class A Common Stock (400 underlying)
Holdings
- 55,881
Incentive Stock Option (Right to Buy)
Exercise: $1.79Exp: 2029-12-23→ Class A Common Stock (55,881 underlying)
Footnotes (1)
- [F1]The options were received in exchange for options to purchase 1,000 shares of Lordstown EV Corporation (f/k/a Lordstown Motors Corp.) pursuant to the Agreement and Plan of Merger, dated August 1, 2020 (the "Merger Agreement"), among DiamondPeak Holdings Corp. (which subsequently changed its name to Lordstown Motors Corp., the "Issuer"), DPL Merger Sub Corp., a Delaware corporation and wholly owned subsidiary of the Issuer ("Merger Sub"), and Lordstown EV Corporation (f/k/a Lordstown Motors Corp.) ("Legacy Lordstown"). Pursuant to the Merger Agreement, Merger Sub merged with and into Legacy Lordstown, with Legacy Lordstown surviving as the surviving company and as a wholly owned subsidiary of the Issuer. 18,608 options are vested and exercisable. 18,608 options vest on December 2, 2021, and 18,665 options vest on December 2, 2022.
Documents
Issuer
Lordstown Motors Corp.
CIK 0001759546
Entity typeother
Related Parties
1- filerCIK 0001833107
Filing Metadata
- Form type
- 4
- Filed
- Jan 13, 7:00 PM ET
- Accepted
- Jan 14, 5:25 PM ET
- Size
- 8.9 KB