Accession Number: | 0001415889-22-008709 |
Date: | 2022-08-15 |
Issuer: | LORDSTOWN MOTORS CORP. (RIDE) |
Original Submission Date: |
KROLL ADAM B
2300 HALLOCK YOUNG ROAD
LORDSTOWN, OH 44481
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
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Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
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RESTRICTED STOCK UNITS | 0.0 | 2022-08-15 | deemed execution date | A | 270,000 (a) | class a common stock 270,000 | $0.00 | 270,000 | direct | |||
EMPLOYEE STOCK OPTIONS | 3.45 | 2022-08-15 | deemed execution date | A | 90,000 (a) | 2029-08-15 | class a common stock 90,000 | $3.45 | 90,000 | direct |
ID | footnote |
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f1 | 270,000 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 | 90,000 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. |