SEC FORM 3/A SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
 
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1. Name and Address of Reporting Person*
Brown Shane

(Last) (First) (Middle)
C/O LORDSTOWN MOTORS CORP.
2300 HALLOCK YOUNG ROAD

(Street)
LORDSTOWN OH 44481

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
11/11/2020
3. Issuer Name and Ticker or Trading Symbol
Lordstown Motors Corp. [ RIDE ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Production Officer
5. If Amendment, Date of Original Filed (Month/Day/Year)
11/23/2020
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Warrant (Right to Buy)(1) 12/04/2020 01/15/2021 Class A Common Stock 400 11.5 D
Incentive Stock Option (Right to Buy) (2) 12/23/2029 Class A Common Stock 55,881 1.79 D
Explanation of Responses:
1. This Form 3 amendment is being filed to correct the original Form 3 filed on November 23, 2020. The original Form 3 did not include the 400 warrants owned by Mr. Brown, which were unintentionally omitted.
2. The options were received in exchange for options to purchase 1,000 shares of Lordstown EV Corporation (f/k/a Lordstown Motors Corp.) pursuant to the Agreement and Plan of Merger, dated August 1, 2020 (the "Merger Agreement"), among DiamondPeak Holdings Corp. (which subsequently changed its name to Lordstown Motors Corp., the "Issuer"), DPL Merger Sub Corp., a Delaware corporation and wholly owned subsidiary of the Issuer ("Merger Sub"), and Lordstown EV Corporation (f/k/a Lordstown Motors Corp.) ("Legacy Lordstown"). Pursuant to the Merger Agreement, Merger Sub merged with and into Legacy Lordstown, with Legacy Lordstown surviving as the surviving company and as a wholly owned subsidiary of the Issuer. 18,608 options vest on December 2, 2020, 18,608 options vest on December 2, 2021, and 18,665 options vest on December 2, 2022.
/s/ Thomas V. Canepa, Attorney-in-Fact 01/11/2021
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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