0001140361-22-023730.txt : 20220621
0001140361-22-023730.hdr.sgml : 20220621
20220621202830
ACCESSION NUMBER: 0001140361-22-023730
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220616
FILED AS OF DATE: 20220621
DATE AS OF CHANGE: 20220621
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Milton Trevor R.
CENTRAL INDEX KEY: 0001808962
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38495
FILM NUMBER: 221029733
MAIL ADDRESS:
STREET 1: 4141 E BROADWAY ROAD
CITY: PHOENIX
STATE: AZ
ZIP: 85040
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: M&M Residual, LLC
CENTRAL INDEX KEY: 0001813379
STATE OF INCORPORATION: NV
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38495
FILM NUMBER: 221029732
BUSINESS ADDRESS:
STREET 1: 4141 E BROADWAY ROAD
CITY: PHOENIX
STATE: AZ
ZIP: 85040
BUSINESS PHONE: 559-464-5652
MAIL ADDRESS:
STREET 1: 4141 E BROADWAY ROAD
CITY: PHOENIX
STATE: AZ
ZIP: 85040
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Nikola Corp
CENTRAL INDEX KEY: 0001731289
STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLES & PASSENGER CAR BODIES [3711]
IRS NUMBER: 824151153
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 4141 E BROADWAY ROAD
CITY: PHOENIX
STATE: AZ
ZIP: 85040
BUSINESS PHONE: (480) 666-1038
MAIL ADDRESS:
STREET 1: 4141 E BROADWAY ROAD
CITY: PHOENIX
STATE: AZ
ZIP: 85040
FORMER COMPANY:
FORMER CONFORMED NAME: VectoIQ Acquisition Corp.
DATE OF NAME CHANGE: 20180213
4
1
form4.xml
FORM 4
X0306
4
2022-06-16
0001731289
Nikola Corp
NKLA
0001808962
Milton Trevor R.
P.O. BOX 50608
PHOENIX
AZ
85076
true
0001813379
M&M Residual, LLC
P.O. BOX 50608
PHOENIX
AZ
85076
true
Common Stock
2022-06-16
4
X
0
11000
1.06
D
48054726
I
By M&M Residual, LLC
Common Stock
1250000
I
By Spouse
Founder Stock Options (Obligation to Sell)
1.06
2022-06-16
4
X
0
11000
0
D
2020-06-03
2028-12-31
Common Stock
11000
1845224
I
By M&M Residual, LLC
As previously reported on the Schedule 13D filed on June 3, 2020 by the reporting persons, prior to June 3, 2020, M&M Residual, LLC ("M&M") issued 3,158,949 stock options to recognize the superior performance and contribution of specified employees of Nikola Subsidiary Corporation (f/k/a Nikola Corporation) ("Legacy Nikola") pursuant to Legacy Nikola's Founder Stock Option Plan (the "Founder Stock Options"). On June 3, 2020, as a result of the closing of the business combination between Legacy Nikola and Nikola Corporation (f/k/a VectoIQ Acquisition Corp.)("Nikola"), the previously issued Founder Stock Options became exercisable by the employees for a total of 6,005,139 shares of Common Stock of Nikola ("Common Stock") held by M&M.
The reported transactions represent the disposition of Common Stock held by M&M upon the exercise by current and former Nikola employees of the Founder Stock Options that M&M previously granted to the employees.
As manager of M&M, Mr. Milton may be deemed to indirectly beneficially own securities held by such entity.
Mr. Milton may be deemed to indirectly beneficially own securities held by Mr. Milton's spouse.
The reported transactions represent the exercise by current and former Nikola employees of Founder Stock Options that M&M previously granted to the employees.
This Form 4 is filed jointly by Trevor R. Milton and M&M Residual, LLC.
/s/ Trevor R. Milton
2022-06-21
M&M Residual, LLC
/s/ Trevor R. Milton
Name: Trevor R. Milton
Title: Manager
2022-06-21