Post Darren 4
4 · Lordstown Motors Corp. · Filed Feb 9, 2021
Insider Transaction Report
Form 4
Post Darren
Vice President of Engineering
Transactions
- Award
Employee Stock Option
2021-02-05+15,000→ 15,000 totalExercise: $26.77Exp: 2031-02-04→ Class A Common Stock (15,000 underlying)
Holdings
- 55,880
Non-Qualified Stock Options (Right to Buy)
Exercise: $1.79Exp: 2030-02-14→ Class A Common Stock (55,880 underlying) - 157,645
Incentive Stock Options (Right to Buy)
Exercise: $1.79Exp: 2029-11-20→ Class A Common Stock (10,000 underlying)
Footnotes (3)
- [F1]25% of the options vest after 1 year and the remainder vests quarterly ending on the fourth anniversary of the grant date.
- [F2]45,882 options are vested and fully exercisable. 55,882 options vest on November 11, 2021, and 55,881 options vest on November 11, 2022.
- [F3]18,608 options vest on February 14, 2021, 18,608 options vest on February 14, 2022, and 18,664 options vest on February 14, 2023.