0001104659-24-035650.txt : 20240318
0001104659-24-035650.hdr.sgml : 20240318
20240318171700
ACCESSION NUMBER: 0001104659-24-035650
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240314
FILED AS OF DATE: 20240318
DATE AS OF CHANGE: 20240318
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Reiss Jane
CENTRAL INDEX KEY: 0001827680
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38821
FILM NUMBER: 24760089
MAIL ADDRESS:
STREET 1: C/O LORDSTOWN MOTORS CORP.
STREET 2: 2300 HALLOCK YOUNG ROAD
CITY: LORDSTOWN
STATE: OH
ZIP: 44481
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: NU RIDE INC.
CENTRAL INDEX KEY: 0001759546
STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLES & PASSENGER CAR BODIES [3711]
ORGANIZATION NAME: 04 Manufacturing
IRS NUMBER: 832533239
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1700 BROADWAY, 19TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10019
BUSINESS PHONE: 212-202-2200
MAIL ADDRESS:
STREET 1: 1700 BROADWAY, 19TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10019
FORMER COMPANY:
FORMER CONFORMED NAME: Lordstown Motors Corp.
DATE OF NAME CHANGE: 20201026
FORMER COMPANY:
FORMER CONFORMED NAME: DiamondPeak Holdings Corp.
DATE OF NAME CHANGE: 20181120
4
1
tm249101-8_4seq1.xml
OWNERSHIP DOCUMENT
X0508
4
2024-03-14
1
0001759546
NU RIDE INC.
NRDE
0001827680
Reiss Jane
1700 BROADWAY, 19TH FLOOR
NEW YORK
NY
10019
1
0
0
0
0
Class A common stock
2024-03-14
4
M
0
136
A
820
D
Class A common stock
2024-03-14
4
M
0
1062
A
1882
D
Class A common stock
2024-03-14
4
M
0
2127
A
4009
D
Restricted Stock Units
0
2024-03-14
4
M
0
136
0
D
Class A Common Stock
136
0
D
Restricted Stock Units
0
2024-03-14
4
M
0
1062
0
D
Class A Common Stock
1062
0
D
Restricted Stock Units
0
2024-03-14
4
M
0
2127
0
D
Class A Common Stock
2127
0
D
Restricted stock units ("RSUs") convert into Class A common stock on a one-for-one basis.
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.
On February 5, 2021, the reporting person was granted 410 RSUs, vesting in three equal annual installments beginning on February 5, 2022. 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.
On February 5, 2022, the reporting person was granted 1,062 RSUs, vesting on May 19, 2022. The reporting person had elected to defer receipt of the shares of Class A common stock underlying such RSUs upon vesting until 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.
On May 19, 2022, the reporting person was granted 2,127 RSUs, vesting on May 19, 2023. The reporting person had elected to defer receipt of the shares of Class A common stock underlying such RSUs upon vesting until 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.
/s/ Melissa A. Leonard, Attorney-in-Fact
2024-03-18