Milton Trevor R.'s Form 4 filing
Nikola Corp (NKLA) · filed Aug 12, 2021
- Accession no.
- 0001140361-21-028165
- Filed
- Aug 12, 2021, 9:41 PM ET
- Trade date
- Aug 10-12, 2021
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 3 non-derivative transactions. Open-market sales total $76.7M. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Milton Trevor R.CIK 0001808962 | 10% Owner |
| M&M Residual, LLCCIK 0001813379 | 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Aug 10, 2021 | Common Stock | SSaleDisposed | −2,033,617 | $10.54F1 | −$21,434,323.18 | 68,866,178 | Indirect | |
| Aug 11, 2021 | Common Stock | SSaleDisposed | −4,245,144 | $10.04F3 | −$42,621,245.76 | 64,621,034 | Indirect | |
| Aug 12, 2021 | Common Stock | SSaleDisposed | −1,259,890 | $10.00F4 | −$12,598,900 | 63,361,144 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
Represents a weighted-average price. The shares were sold in multiple transactions at prices ranging from $10.36 to $10.92. The reporting persons undertake to provide to Nikola Corporation, any security holder of Nikola Corporation or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within ranges set forth in the footnotes to this Form 4..
Referenced by the price of 1 transaction in Table I.
- F3
Represents a weighted-average price. The shares were sold in multiple transactions at prices ranging from $9.96 to $10.44.
Referenced by the price of 1 transaction in Table I.
- F4
Represents a weighted-average price. The shares were sold in multiple transactions at prices ranging from $9.95 to $10.16.
Referenced by the price of 1 transaction in Table I.
Remarks
This Form 4 is filed jointly by Trevor R. Milton and M&M Residual, LLC.