4//SEC Filing
NINIVAGGI DANIEL A 4
Accession 0001415889-22-009164
CIK 0001759546other
Filed
Aug 28, 8:00 PM ET
Accepted
Aug 29, 7:35 PM ET
Size
8.9 KB
Accession
0001415889-22-009164
Insider Transaction Report
Form 4
NINIVAGGI DANIEL A
DirectorCHIEF EXECUTIVE OFFICER
Transactions
- Exercise/Conversion
Restricted Stock Units
2022-08-26−233,333→ 466,667 totalExercise: $0.00→ Class A Common Stock (233,333 underlying) - Tax Payment
Class A Common Stock
2022-08-26$2.06/sh−101,734$209,572→ 151,599 total - Exercise/Conversion
Class A Common Stock
2022-08-26+233,333→ 253,333 total
Footnotes (3)
- [F1]Restricted stock units ("RSUs") convert into Class A Common Stock on a one-for-one basis.
- [F2]Represents shares withheld by the Issuer to satisfy the Reporting Person's tax withholding obligation upon the settlement of previously reported restricted stock units, which vested on August 26, 2022. This does not represent a sale by the Reporting Person.
- [F3]The initial award amount of 700,000 RSUs vests in three equal annual installments beginning on August 26, 2022, subject to the Reporting Person's continued employment through each vesting date.
Documents
Issuer
Lordstown Motors Corp.
CIK 0001759546
Entity typeother
Related Parties
1- filerCIK 0001257599
Filing Metadata
- Form type
- 4
- Filed
- Aug 28, 8:00 PM ET
- Accepted
- Aug 29, 7:35 PM ET
- Size
- 8.9 KB