| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | NRDE | Class A common stock | Options Exercise | +410 | +0.37% | 110K | Mar 14, 2024 | Direct | F1, F2 | ||
| transaction | NRDE | Class A common stock | Options Exercise | +410 | +0.37% | 111K | Mar 14, 2024 | Direct | F1 | ||
| holding | NRDE | Class A common stock | 53.4K | Mar 14, 2024 | By LLC | F3 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | NRDE | Restricted Stock Units | Options Exercise | $0 | -410 | -100% | $0.00* | 0 | Mar 14, 2024 | Class A Common Stock | 410 | $0.00 | Direct | F4, F5 |
| transaction | NRDE | Restricted Stock Units | Options Exercise | $0 | -410 | -100% | $0.00* | 0 | Mar 14, 2024 | Class A Common Stock | 410 | $0.00 | Direct | F4, F6 |
David T. Hamamoto is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
| Id | Content |
|---|---|
| F1 | Restricted stock units ("RSUs") convert into Class A common stock on a one-for-one basis. |
| F2 | Amount also includes 57,433 shares previously reported as held indirectly by the David T. Hamamoto GRAT 2019-SPAC (the "GRAT"), which was a grantor-retained annuity trust of which the reporting person was the trustee and sole annuitant, which distributed the shares in satisfaction of its final annuity obligation on June 7, 2023. |
| F3 | Shares are held by DiamondHead Partners LLC, of which the reporting person is the sole managing member. |
| F4 | On June 27, 2023, Lordstown Motors Corp., a Delaware corporation, together with its subsidiaries (collectively, the "Debtors"), filed voluntary petitions for relief (the "Chapter 11 Cases") under Chapter 11 of the United States Bankruptcy Code (the "Bankruptcy Code") in the United States Bankruptcy Court for the District of Delaware (the "Bankruptcy Court"). On March 5, 2024, the Bankruptcy Court entered an order (the "Confirmation Order") confirming the Third Modified First Amended Joint Chapter 11 Plan of Lordstown Motors Corp. and Its Affiliated Debtors (as may be further modified, amended, or supplemented, the "Plan"). On March 14, 2024 (the "Effective Date"), the Plan was consummated and became effective in accordance with its terms, and the Debtors emerged from the Chapter 11 Cases with the Company changing its name to Nu Ride Inc. |
| F5 | On February 5, 2021, the reporting person was granted 410 RSUs, vesting on February 5, 2022. The reporting person had elected to defer receipt of the shares of Class A common stock underlying such RSUs upon vesting until the earlier of January 30, 2024 or the occurrence of specified events. Vesting and settlement of awards that was to occur during the pendency of the Chapter 11 Cases was stayed during that period until the Effective Date. |
| F6 | On February 5, 2021, the reporting person was granted 410 RSUs, vesting in three equal annual installments beginning on February 5, 2022. The reporting person had elected to defer receipt of the shares of Class A common stock underlying such RSUs upon vesting until the earlier of January 30, 2026 or the occurrence of specified events. The reporting person resigned from the Issuer's Board of Directors on the Effective Date, and the shares of Class A common stock underlying such RSUs were settled in connection therewith. |