Schmidt Phil Richard 4
4 · Lordstown Motors Corp. · Filed Feb 9, 2021
Insider Transaction Report
Form 4
Schmidt Phil Richard
President
Transactions
- Award
Employee Stock Options
2021-02-05+18,500→ 18,500 totalExercise: $26.77Exp: 2031-02-04→ Class A Common Stock (18,500 underlying)
Holdings
- 9,366
Class A Common Stock
- 167,645
Incentive Stock Options (Right to Buy)
Exercise: $1.79Exp: 2029-10-31→ Class A Common Stock (167,645 underlying)
Footnotes (2)
- [F1]25% of the options vest after 1 year and the remainder vests quarterly ending on the fourth anniversary of the grant date.
- [F2]111,764 options are fully vested and exercisable, and 55,881 options vest on November 1, 2021.