Hightower Edward T. 4
4 · Lordstown Motors Corp. · Filed Aug 16, 2022
Insider Transaction Report
Form 4
Hightower Edward T.
President
Transactions
- Award
Restricted Stock Units
2022-08-15+600,000→ 600,000 totalExercise: $0.00→ Class A Common Stock (600,000 underlying) - Award
Employee Stock Options
2022-08-15+300,000→ 300,000 totalExercise: $3.45Exp: 2029-08-15→ Class A Common Stock (300,000 underlying)
Footnotes (2)
- [F1]600,000 restricted stock units vest in three equal annual installments beginning on August 15, 2023, subject to the Reporting Person's continued employment through each vesting date.
- [F2]300,000 stock options vest in three equal annual installments beginning on August 15, 2023, subject to the Reporting Person's continued employment through each vesting date.