SEC FORM 4 SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Vo Chuan D.

(Last) (First) (Middle)
2300 HALLOCK YOUNG ROAD

(Street)
LORDSTOWN OH 44481

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Lordstown Motors Corp. [ RIDE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
FORMER VP OF PROPULSION
3. Date of Earliest Transaction (Month/Day/Year)
11/18/2020
4. If Amendment, Date of Original Filed (Month/Day/Year)
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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 01/12/2021 P 1,000 A $25.25 101,717 D
Class A Common Stock 02/03/2021 S 1,000 D $26 717 D
Class A Common Stock 02/12/2021 P 5,000 A $27.05 5,717 D
Class A Common Stock 02/12/2021 P 435 A $27.32 6,152 D
Class A Common Stock 02/12/2021 P 1,750 A $27.33 7,902 D
Class A Common Stock 02/12/2021 P 1,603 A $27.34 9,505 D
Class A Common Stock 02/12/2021 P 1,212 A $27.35 10,717 D
Class A Common Stock 02/12/2021 P 5,000 A $27.45 15,717 D
Class A Common Stock 02/16/2021 P(1) 7,249 A $25.05 22,966 D
Class A Common Stock 02/16/2021 P(1) 10,000 A $25.15 32,966 D
Class A Common Stock 02/16/2021 P 5,000 A $25.45 37,966 D
Class A Common Stock 02/16/2021 P(1) 250 A $25.03 38,216 D
Class A Common Stock 02/16/2021 P(1) 2,501 A $25.04 40,717 D
Class A Common Stock 02/16/2021 P 5,000 A $25.25 45,717 D
Class A Common Stock 02/17/2021 P(1) 10,000 A $24 55,717 D
Class A Common Stock 02/17/2021 P(1) 5,000 A $23.85 60,717 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Warrants (Right to Buy) $11.5 11/18/2020 S 485 11/22/2020 10/23/2025 Class A Common Stock 485 $12.87 0 D
Warrants (Right to Buy) $11.5 11/19/2020 P(1) 626 11/22/2020 10/23/2025 Class A Common Stock 626 $10.75 626 D
Warrants (Right to Buy) $11.5 12/15/2020 S 226 11/22/2020 10/23/2025 Class A Common Stock 226 $8.36 400 D
Warrants (Right to Buy) $11.5 12/15/2020 S 400 11/22/2020 10/23/2025 Class A Common Stock 400 $8.37 0 D
Explanation of Responses:
1. This is the first of two late filings to report the transactions described herein that occurred on various dates from November 18, 2020 to April 15, 2021 (see "Remarks"), pursuant to which the reporting person purchased an aggregate 100,976 shares of Issuer's Class A Common Stock and warrants as reported herein that were matchable under Section 16(b) of the Securities Exchange Act of 1934, to the extent of 100,976 shares with the reporting person's sale of 1,000 and 100,000 shares of the Issuer's Class A Common Stock at a price of $26.00 per share on February 3, 2021 and $25.21 per share on February 2, 2021, respectively. The reporting person has paid to the Issuer $414,409.00, representing the full amount of the profit realized in connection with the short-swing transaction.
Remarks:
This Form 4 is the first of two Form 4s being filed by the Reporting Person relating to the transactions described herein that occurred on various dates from November 18, 2020 to April 15, 2021. The Form 4 has been split into two filings to cover all 31 individual transactions, because the SEC's EDGAR filing system limits a single Form 4 to a maximum of 30 separate transactions per table. Each Form 4 will be filed by the Reporting Person.
/s/ Thomas V. Canepa, Attorney-in-Fact 01/31/2022
** 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 4 (b)(v).
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