Post Darren 4
4 · Lordstown Motors Corp. · Filed Feb 8, 2021
Insider Transaction Report
Form 4
Post Darren
Vice President of Engineering
Transactions
- Exercise/Conversion
Class A Common Stock
2021-02-04$1.79/sh+10,000$17,900→ 10,000 total - Exercise/Conversion
Incentive Stock Options (Right to Buy)
2021-02-04−10,000→ 157,645 totalExercise: $1.79Exp: 2029-11-20→ Class A Common Stock (10,000 underlying) - Sale
Class A Common Stock
2021-02-04$27.21/sh−10,000$272,100→ 0 total
Holdings
- 55,880
Non-Qualified Stock Options (Right to Buy)
Exercise: $1.79Exp: 2030-02-14→ Class A Common Stock (55,880 underlying)
Footnotes (3)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.20 to $27.28, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnote to this Form 4.
- [F2]55,880 options are vested and fully exercisable. 55,880 options vest on November 11, 2021, and 55,880 options vest on November 11, 2022.
- [F3]18,608 options vest on February 14, 2021, 18,608 options vest on February 14, 2022, and 18,664 options vest on February 14, 2023.