Thompson V De Witt C. 4
4 · Nikola Corp · Filed Sep 16, 2020
Insider Transaction Report
Form 4
Nikola CorpNKLA
Thompson V De Witt C.
Director
Transactions
- Other
Common Stock
2020-09-10−3,520,370→ 0 total(indirect: By LLC) - Other
Common Stock
2020-09-10−3,805,519→ 13,144,216 total(indirect: By Legend Capital Partners) - Other
Common Stock
2020-09-10−5,674,485→ 0 total(indirect: By LLC)
Footnotes (4)
- [F1]On September 10, 2020 (i) Thompson Nikola, LLC, a Tennessee limited liability company ("Thompson Nikola"), made a pro rata distribution (for no consideration) of 2,479,750 shares of the Issuer's Common Stock to certain of its members, (ii) Thompson Nikola II, LLC, a Tennessee limited liability company ("Thompson Nikola II") made a pro rata distribution (for no consideration) of 2,164,442 shares of the Issuer's Common Stock to certain of its members, and (iii) Legend Capital Partners, a Tennessee general partnership ("Legend"), made a pro rata distribution (for no consideration) of 3,805,519 shares of the Issuer's Common Stock to certain of its partners (collectively, the "Distributions"). On September 11, 2020 each of Thompson Nikola and Thompson Nikola II were merged with and into Legend, thereby consolidating in Legend the ownership of 13,144,216 shares of the Issuer's Common Stock that were not distributed in the Distributions.
- [F2]Originally owned by Thompson Nikola II, of which Mr. Thompson was President.
- [F3]As the Managing Partner of Legend, Mr. Thompson may be deemed to indirectly beneficially own shares owned by Legend and disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
- [F4]Originally owned by Thompson Nikola, of which Mr. Thompson was President.