Burns Stephen S. 4
4 · Lordstown Motors Corp. · Filed Nov 16, 2021
Insider Transaction Report
Form 4
Burns Stephen S.
DirectorChief Executive Officer10% Owner
Transactions
- Sale
Class A Common Stock
2021-11-12$5.88/sh−3,204,000$18,839,520→ 29,241,192 total
Holdings
- 13,906,553(indirect: By GRAT)
Class A Common Stock
Footnotes (2)
- [F1]The price reported in column 4 is a weighted average price. The shares Class A Common Stock were sold in multiple transactions at prices ranging from $5.60 to $6.28, inclusive. The Reporting Person undertakes to provide to Lordstown Motor Corp., any shareholder of Lordstown Motor Corp. or the SEC staff, upon request, full information of the number of shares sold at each price within the range.
- [F2]The shares are held in a grantor-retained annuity trust of which the Reporting Person is trustee and sole annuiant.