HAMAMOTO DAVID T 4

4 · Lordstown Motors Corp. · Filed Feb 10, 2021

Form 4

Period: 2021-02-05

DirectorCEO and Chairman

Transactions

Award
Restricted Stock Units
2021-02-05+6,164→ 6,164 total
Exercise: $0.00→ Class A Common Stock (6,164 underlying)
Award
Restricted Stock Units
2021-02-05+6,164→ 6,164 total
Exercise: $0.00→ Class A Common Stock (6,164 underlying)

Holdings

Warrant (Right to Buy)
(indirect: See Footnote)
Exercise: $11.50From: 2020-11-22Exp: 2025-10-23→ Class A Common Stock (1,826,396 underlying)
1,826,396
Class A Common Stock
(indirect: See Footnote)
2,402,739

Footnotes (3)

[F1]800,913 shares of Class A Common Stock and 608,799 warrants are owned by DiamondHead Partners LLC ("DiamondHead Partners") and 1,601,826 shares of Class A Common Stock and 1,217,597 warrants are owned by David T. Hamamoto GRAT 2019 - SPAC (the "GRAT"), which is a grantor-retained annuity trust. The Reporting Person is the sole managing member of DiamondHead Partners and the trustee and sole annuitant of the GRAT, and as a result may be deemed to beneficially own the securities of each of these entities. Mr. Hamamoto disclaims any beneficial ownership of the reported securities other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
[F2]6,164 restricted stock units vest in three equal annual installments beginning on February 5, 2022.
[F3]6,164 restricted stock units vest on February 5, 2022.

Documents

1 file