Bell Donna 4
4 · Lordstown Motors Corp. · Filed Jul 13, 2022
Insider Transaction Report
Form 4
Bell Donna
EVP, PROD CRTN, ENG & SUPP CHN
Transactions
- Award
Restricted Stock Units
2022-07-11+520,000→ 520,000 totalExercise: $0.00→ Class A Common Stock (520,000 underlying) - Award
Employee Stock Options
2022-07-11+90,000→ 90,000 totalExercise: $2.25Exp: 2029-07-11→ Class A Common Stock (90,000 underlying)
Footnotes (2)
- [F1]520,000 restricted stock units ("RSUs") granted upon the commencement of the reporting person's employment on July 11, 2022 (consisting of an inducement grant of 250,000 RSUs and an annual grant of 270,000 RSUs) vest in three installments, with 240,000 RSUs vesting on August 15, 2023, 165,000 RSUs vesting on August 15, 2024 and 115,000 RSUs vesting on August 15, 2025, subject to the reporting person's continued employment through each such vesting date.
- [F2]90,000 stock options granted upon the commencement of the reporting person's employment on July 11, 2022 vest in three equal annual installments beginning on August 15, 2023, subject to the reporting person's continued employment through each vesting date.