M&M Residual, LLC 4

Accession 0001140361-21-005071

CIK 0001731289other

View on SEC.gov Company Profile

Filed

Feb 15, 7:00 PM ET

Accepted

Feb 16, 6:12 PM ET

Size

72.9 KB

Accession

0001140361-21-005071

Insider Transaction Report

Form 4

Period: 2021-01-13

Nikola CorpNKLA

Milton Trevor R.

DirectorExecutive Chairman10% Owner

Transactions

Exercise of In-Money
Common Stock
2021-01-13$3.59/sh−75,000$269,250→ 84,224,392 total(indirect: By LLC)
Exercise of In-Money
Common Stock
2021-01-14$1.06/sh−7,500$7,950→ 84,216,892 total(indirect: By LLC)
Exercise of In-Money
Common Stock
2021-01-15$1.06/sh−7,500$7,950→ 84,209,392 total(indirect: By LLC)
Exercise of In-Money
Common Stock
2021-01-21$1.06/sh−3,000$3,180→ 84,195,892 total(indirect: By LLC)
Exercise of In-Money
Common Stock
2021-01-25$1.06/sh−42,000$44,520→ 84,150,892 total(indirect: By LLC)
Exercise of In-Money
Common Stock
2021-01-26$1.06/sh−7,500$7,950→ 84,143,392 total(indirect: By LLC)
Exercise of In-Money
Founder Stock Options (Obligation to Sell)
2021-02-01−18,000→ 2,904,600 total(indirect: By LLC)
Exercise: $1.06From: 2020-06-03Exp: 2028-12-31→ Common Stock (18,000 underlying)
Exercise of In-Money
Founder Stock Options (Obligation to Sell)
2021-02-04−20,000→ 2,858,945 total(indirect: By LLC)
Exercise: $1.06From: 2020-06-03Exp: 2028-12-31→ Common Stock (20,000 underlying)
Exercise of In-Money
Founder Stock Options (Obligation to Sell)
2021-02-12−120,000→ 2,738,945 total(indirect: By LLC)
Exercise: $1.06From: 2020-06-03Exp: 2028-12-31→ Common Stock (120,000 underlying)
Exercise of In-Money
Common Stock
2021-01-28$1.06/sh−36,000$38,160→ 84,071,392 total(indirect: By LLC)
Exercise of In-Money
Common Stock
2021-02-04$1.06/sh−20,000$21,200→ 83,989,737 total(indirect: By LLC)
Exercise of In-Money
Founder Stock Options (Obligation to Sell)
2021-01-13−75,000→ 55,155 total(indirect: By LLC)
Exercise: $3.59From: 2020-06-03Exp: 2028-12-31→ Common Stock (75,000 underlying)
Exercise of In-Money
Founder Stock Options (Obligation to Sell)
2021-01-14−7,500→ 3,086,100 total(indirect: By LLC)
Exercise: $1.06From: 2020-06-03Exp: 2028-12-31→ Common Stock (7,500 underlying)
Exercise of In-Money
Founder Stock Options (Obligation to Sell)
2021-01-15−7,500→ 3,078,600 total(indirect: By LLC)
Exercise: $1.06From: 2020-06-03Exp: 2028-12-31→ Common Stock (7,500 underlying)
Exercise of In-Money
Founder Stock Options (Obligation to Sell)
2021-01-20−7,500→ 3,068,100 total(indirect: By LLC)
Exercise: $1.06From: 2020-06-03Exp: 2028-12-31→ Common Stock (7,500 underlying)
Exercise of In-Money
Founder Stock Options (Obligation to Sell)
2021-01-26−7,500→ 3,012,600 total(indirect: By LLC)
Exercise: $1.06From: 2020-06-03Exp: 2028-12-31→ Common Stock (7,500 underlying)
Exercise of In-Money
Founder Stock Options (Obligation to Sell)
2021-01-28−36,000→ 2,940,600 total(indirect: By LLC)
Exercise: $1.06From: 2020-06-03Exp: 2028-12-31→ Common Stock (36,000 underlying)
Exercise of In-Money
Common Stock
2021-01-29$1.06/sh−18,000$19,080→ 84,053,392 total(indirect: By LLC)
Exercise of In-Money
Common Stock
2021-02-01$1.06/sh−18,000$19,080→ 84,035,392 total(indirect: By LLC)
Exercise of In-Money
Common Stock
2021-02-02$1.06/sh−18,000$19,080→ 84,017,392 total(indirect: By LLC)
Exercise of In-Money
Common Stock
2021-02-03$1.06/sh−7,655$8,114→ 84,009,737 total(indirect: By LLC)
Exercise of In-Money
Founder Stock Options (Obligation to Sell)
2021-01-22−3,000→ 3,062,100 total(indirect: By LLC)
Exercise: $1.06From: 2020-06-03Exp: 2028-12-31→ Common Stock (3,000 underlying)
Exercise of In-Money
Founder Stock Options (Obligation to Sell)
2021-01-25−42,000→ 3,010,100 total(indirect: By LLC)
Exercise: $1.06From: 2020-06-03Exp: 2028-12-31→ Common Stock (42,000 underlying)
Exercise of In-Money
Founder Stock Options (Obligation to Sell)
2021-02-02−18,000→ 2,886,600 total(indirect: By LLC)
Exercise: $1.06From: 2020-06-03Exp: 2028-12-31→ Common Stock (18,000 underlying)
Exercise of In-Money
Common Stock
2021-01-19$1.06/sh−3,000$3,180→ 84,206,392 total(indirect: By LLC)
Exercise of In-Money
Common Stock
2021-01-20$1.06/sh−7,500$7,950→ 84,198,892 total(indirect: By LLC)
Exercise of In-Money
Common Stock
2021-01-22$1.06/sh−3,000$3,180→ 84,192,892 total(indirect: By LLC)
Exercise of In-Money
Common Stock
2021-01-27$1.06/sh−36,000$38,160→ 84,107,392 total(indirect: By LLC)
Exercise of In-Money
Common Stock
2021-02-12$1.06/sh−120,000$127,200→ 83,869,737 total(indirect: By LLC)
Exercise of In-Money
Founder Stock Options (Obligation to Sell)
2021-01-19−3,000→ 3,075,600 total(indirect: By LLC)
Exercise: $1.06From: 2020-06-03Exp: 2028-12-31→ Common Stock (3,000 underlying)
Exercise of In-Money
Founder Stock Options (Obligation to Sell)
2021-01-21−3,000→ 3,065,100 total(indirect: By LLC)
Exercise: $1.06From: 2020-06-03Exp: 2028-12-31→ Common Stock (3,000 underlying)
Exercise of In-Money
Founder Stock Options (Obligation to Sell)
2021-01-27−36,000→ 2,976,600 total(indirect: By LLC)
Exercise: $1.06From: 2020-06-03Exp: 2028-12-31→ Common Stock (36,000 underlying)
Exercise of In-Money
Founder Stock Options (Obligation to Sell)
2021-01-29−18,000→ 2,922,600 total(indirect: By LLC)
Exercise: $1.06From: 2020-06-03Exp: 2028-12-31→ Common Stock (18,000 underlying)
Exercise of In-Money
Founder Stock Options (Obligation to Sell)
2021-02-03−7,655→ 2,878,945 total(indirect: By LLC)
Exercise: $1.06From: 2020-06-03Exp: 2028-12-31→ Common Stock (7,655 underlying)

Holdings

Common Stock
600,000

M&M Residual, LLC

10% Owner

Transactions

Exercise of In-Money
Common Stock
2021-01-14$1.06/sh−7,500$7,950→ 84,216,892 total(indirect: By LLC)
Exercise of In-Money
Common Stock
2021-01-20$1.06/sh−7,500$7,950→ 84,198,892 total(indirect: By LLC)
Exercise of In-Money
Common Stock
2021-01-22$1.06/sh−3,000$3,180→ 84,192,892 total(indirect: By LLC)
Exercise of In-Money
Common Stock
2021-01-26$1.06/sh−7,500$7,950→ 84,143,392 total(indirect: By LLC)
Exercise of In-Money
Common Stock
2021-01-27$1.06/sh−36,000$38,160→ 84,107,392 total(indirect: By LLC)
Exercise of In-Money
Common Stock
2021-01-28$1.06/sh−36,000$38,160→ 84,071,392 total(indirect: By LLC)
Exercise of In-Money
Common Stock
2021-01-29$1.06/sh−18,000$19,080→ 84,053,392 total(indirect: By LLC)
Exercise of In-Money
Common Stock
2021-02-01$1.06/sh−18,000$19,080→ 84,035,392 total(indirect: By LLC)
Exercise of In-Money
Founder Stock Options (Obligation to Sell)
2021-01-14−7,500→ 3,086,100 total(indirect: By LLC)
Exercise: $1.06From: 2020-06-03Exp: 2028-12-31→ Common Stock (7,500 underlying)
Exercise of In-Money
Common Stock
2021-01-13$3.59/sh−75,000$269,250→ 84,224,392 total(indirect: By LLC)
Exercise of In-Money
Common Stock
2021-01-15$1.06/sh−7,500$7,950→ 84,209,392 total(indirect: By LLC)
Exercise of In-Money
Common Stock
2021-01-19$1.06/sh−3,000$3,180→ 84,206,392 total(indirect: By LLC)
Exercise of In-Money
Common Stock
2021-01-21$1.06/sh−3,000$3,180→ 84,195,892 total(indirect: By LLC)
Exercise of In-Money
Common Stock
2021-01-25$1.06/sh−42,000$44,520→ 84,150,892 total(indirect: By LLC)
Exercise of In-Money
Common Stock
2021-02-03$1.06/sh−7,655$8,114→ 84,009,737 total(indirect: By LLC)
Exercise of In-Money
Founder Stock Options (Obligation to Sell)
2021-01-27−36,000→ 2,976,600 total(indirect: By LLC)
Exercise: $1.06From: 2020-06-03Exp: 2028-12-31→ Common Stock (36,000 underlying)
Exercise of In-Money
Founder Stock Options (Obligation to Sell)
2021-01-28−36,000→ 2,940,600 total(indirect: By LLC)
Exercise: $1.06From: 2020-06-03Exp: 2028-12-31→ Common Stock (36,000 underlying)
Exercise of In-Money
Founder Stock Options (Obligation to Sell)
2021-01-29−18,000→ 2,922,600 total(indirect: By LLC)
Exercise: $1.06From: 2020-06-03Exp: 2028-12-31→ Common Stock (18,000 underlying)
Exercise of In-Money
Common Stock
2021-02-02$1.06/sh−18,000$19,080→ 84,017,392 total(indirect: By LLC)
Exercise of In-Money
Common Stock
2021-02-12$1.06/sh−120,000$127,200→ 83,869,737 total(indirect: By LLC)
Exercise of In-Money
Common Stock
2021-02-04$1.06/sh−20,000$21,200→ 83,989,737 total(indirect: By LLC)
Exercise of In-Money
Founder Stock Options (Obligation to Sell)
2021-01-13−75,000→ 55,155 total(indirect: By LLC)
Exercise: $3.59From: 2020-06-03Exp: 2028-12-31→ Common Stock (75,000 underlying)
Exercise of In-Money
Founder Stock Options (Obligation to Sell)
2021-01-19−3,000→ 3,075,600 total(indirect: By LLC)
Exercise: $1.06From: 2020-06-03Exp: 2028-12-31→ Common Stock (3,000 underlying)
Exercise of In-Money
Founder Stock Options (Obligation to Sell)
2021-01-21−3,000→ 3,065,100 total(indirect: By LLC)
Exercise: $1.06From: 2020-06-03Exp: 2028-12-31→ Common Stock (3,000 underlying)
Exercise of In-Money
Founder Stock Options (Obligation to Sell)
2021-01-25−42,000→ 3,010,100 total(indirect: By LLC)
Exercise: $1.06From: 2020-06-03Exp: 2028-12-31→ Common Stock (42,000 underlying)
Exercise of In-Money
Founder Stock Options (Obligation to Sell)
2021-01-26−7,500→ 3,012,600 total(indirect: By LLC)
Exercise: $1.06From: 2020-06-03Exp: 2028-12-31→ Common Stock (7,500 underlying)
Exercise of In-Money
Founder Stock Options (Obligation to Sell)
2021-01-15−7,500→ 3,078,600 total(indirect: By LLC)
Exercise: $1.06From: 2020-06-03Exp: 2028-12-31→ Common Stock (7,500 underlying)
Exercise of In-Money
Founder Stock Options (Obligation to Sell)
2021-01-20−7,500→ 3,068,100 total(indirect: By LLC)
Exercise: $1.06From: 2020-06-03Exp: 2028-12-31→ Common Stock (7,500 underlying)
Exercise of In-Money
Founder Stock Options (Obligation to Sell)
2021-01-22−3,000→ 3,062,100 total(indirect: By LLC)
Exercise: $1.06From: 2020-06-03Exp: 2028-12-31→ Common Stock (3,000 underlying)
Exercise of In-Money
Founder Stock Options (Obligation to Sell)
2021-02-02−18,000→ 2,886,600 total(indirect: By LLC)
Exercise: $1.06From: 2020-06-03Exp: 2028-12-31→ Common Stock (18,000 underlying)
Exercise of In-Money
Founder Stock Options (Obligation to Sell)
2021-02-04−20,000→ 2,858,945 total(indirect: By LLC)
Exercise: $1.06From: 2020-06-03Exp: 2028-12-31→ Common Stock (20,000 underlying)
Exercise of In-Money
Founder Stock Options (Obligation to Sell)
2021-02-01−18,000→ 2,904,600 total(indirect: By LLC)
Exercise: $1.06From: 2020-06-03Exp: 2028-12-31→ Common Stock (18,000 underlying)
Exercise of In-Money
Founder Stock Options (Obligation to Sell)
2021-02-03−7,655→ 2,878,945 total(indirect: By LLC)
Exercise: $1.06From: 2020-06-03Exp: 2028-12-31→ Common Stock (7,655 underlying)
Exercise of In-Money
Founder Stock Options (Obligation to Sell)
2021-02-12−120,000→ 2,738,945 total(indirect: By LLC)
Exercise: $1.06From: 2020-06-03Exp: 2028-12-31→ Common Stock (120,000 underlying)

Holdings

Common Stock
600,000

Footnotes (5)

[F1]As previously reported on the Schedule 13D filed on June 3, 2020 by the reporting persons, prior to June 3, 2020, M&M Residual, LLC ("M&M") issued 3,158,949 stock options to recognize the superior performance and contribution of specified employees of Nikola Subsidiary Corporation (f/k/a Nikola Corporation) ("Legacy Nikola") pursuant to Legacy Nikola's Founder Stock Option Plan (the "Founder Stock Options"). On June 3, 2020, as a result of the closing of the business combination between Legacy Nikola and Nikola Corporation (f/k/a VectoIQ Acquisition Corp.)("Nikola"), the previously issued Founder Stock Options became exercisable by the employees for a total of 6,005,139 shares of Common Stock of Nikola ("Common Stock") held by M&M.
[F2]The reported transactions represent the disposition of Common Stock held by M&M upon the exercise by current and former Nikola employees of the Founder Stock Options that M&M previously granted to the employees.
[F3]As manager of M&M, Mr. Milton may be deemed to indirectly beneficially own securities held by such entity.
[F4]The reported holdings represent Common Stock issuable on or prior to March 15, 2021 upon settlement of a restricted stock unit award that Nikola previously granted to Mr. Milton in connection with his employment.
[F5]The reported transactions represent the exercise by current and former Nikola employees of Founder Stock Options that M&M previously granted to the employees.

Documents

1 file

4
form4.xmlPrimary
FORM 4

Issuer

Nikola Corp

CIK 0001731289

→

Entity typeother

IncorporatedNV

Related Parties

filerCIK 0001813379

Filing Metadata

Form type: 4
Filed: Feb 15, 7:00 PM ET
Accepted: Feb 16, 6:12 PM ET
Size: 72.9 KB

View on SEC.gov