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FEE CATEGORY | | | 2021 | | | 2020 | | ||||||
Audit Fees | | | | $ | 1,262,957 | | | | | $ | 950,158 | | |
Audit-Related Fees | | | | | — | | | | | | — | | |
Tax Fees | | | | | — | | | | | | — | | |
All Other Fees | | | | $ | 6,640 | | | | | | 92,825 | | |
Total Fees | | | | $ | 1,269,597 | | | | | $ | 1,042,983 | | |
FEE CATEGORY | | | 2021 | | | 2020 | | ||||||
Audit Fees | | | | $ | — | | | | | $ | 67,465 | | |
Audit-Related Fees | | | | | — | | | | | | — | | |
Tax Fees | | | | | — | | | | | | — | | |
All Other Fees | | | | | — | | | | | | — | | |
Total Fees | | | | $ | — | | | | | $ | 67,465 | | |
Fiscal Year | | | Options Granted | | | Common Shares, Time-Based Restricted Shares and RSUs Granted | | | Performance Units Granted at Maximum | | | RSUs Earned | | | Basic Weighted Average of Shares Outstanding | | |||||||||||||||
2021 | | | | | 5,545 | | | | | | 6,114 | | | | | | 300 | | | | | | 50 | | | | | | 180,722 | | |
2020 | | | | | 1,021 | | | | | | — | | | | | | — | | | | | | — | | | | | | 96,716 | | |
2019 | | | | | 4,436 | | | | | | — | | | | | | — | | | | | | — | | | | | | 68,279 | | |
| | | Female | | | Male | | | | | | | | | Non- Binary | | | Did Not Disclose Gender | | ||||||||||||
Part I: Gender Identity | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Directors | | | | | 2 | | | | | | 4 | | | | | | | | | | | | 0 | | | | | | 2 | | |
Part II: Demographic Background | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
African American or Black | | | | | 0 | | | | | | 0 | | | | | | | | | | | | 0 | | | | | | 0 | | |
Alaskan Native or Native American | | | | | 0 | | | | | | 0 | | | | | | | | | | | | 0 | | | | | | 0 | | |
Asian | | | | | 0 | | | | | | 1 | | | | | | | | | | | | 0 | | | | | | 0 | | |
Hispanic or Latinx | | | | | 0 | | | | | | 0 | | | | | | | | | | | | 0 | | | | | | 0 | | |
Native Hawaiian or Pacific Islander | | | | | 0 | | | | | | 0 | | | | | | | | | | | | 0 | | | | | | 0 | | |
White | | | | | 3 | | | | | | 2 | | | | | | | | | | | | 0 | | | | | | 0 | | |
Two or More Races or Ethnicities | | | | | 0 | | | | | | 0 | | | | | | | | | | | | 0 | | | | | | 0 | | |
LGBTQ+ | | | | | | | | | | | | | | | | | 0 | | | | | | | | | | | | | | |
Did Not Disclose Demographic Background | | | | | | | | | | | | | | | | | 2 | | | | | | | | | | | | | | |
NAMED EXECUTIVE OFFICER AND PRINCIPAL POSITION | | | YEAR | | | SALARY | | | BONUS | | | STOCK AWARDS(1) | | | OPTION AWARDS(1) | | | ALL OTHER COMPENSATION(2) | | | TOTAL | | |||||||||||||||||||||
Daniel A. Ninivaggi Chief Executive Officer (since August 26, 2021) | | | | | 2021 | | | | | $ | 236,538(3) | | | | | $ | 160,740 | | | | | $ | 3,857,000 | | | | | $ | 1,309,770 | | | | | $ | — | | | | | $ | 5,564,048 | | |
Adam Kroll Chief Financial Officer (since October 25, 2021) | | | | | 2021 | | | | | $ | 69,231 | | | | | | — | | | | | $ | 1,307,500 | | | | | $ | 400,440 | | | | | | — | | | | | $ | 1,777,171 | | |
Jane Ritson-Parsons Executive Vice President — Chief Commercial Officer | | | | | 2021 | | | | | $ | 200,000 | | | | | $ | 100,000 | | | | | $ | 3,993,500 | | | | | | — | | | | | $ | 2,677 | | | | | $ | 4,296,177 | | |
Angela Strand Former Executive Chair (from June 18, 2021 to August 26, 2021) | | | | | 2021 | | | | | $ | 500,000 | | | | | | — | | | | | $ | 900,521 | | | | | | — | | | | | | — | | | | | $ | 1,400,521 | | |
Stephen S. Burns Former Chief Executive Officer (through June 14, 2021) | | | | | 2021 | | | | | $ | 258,654 | | | | | | — | | | | | | — | | | | | | — | | | | | $ | 230,769 | | | | | $ | 489,423 | | |
| | | 2020 | | | | | $ | 269,266 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | $ | 269,266 | | | ||
Thomas V. Canepa Former General Counsel & Corporate Secretary (through December 17, 2021) | | | | | 2021 | | | | | $ | 397,885 | | | | | | | | | | | $ | 2,282,000 | | | | | $ | 190,805 | | | | | $ | 1,358 | | | | | $ | 2,872,048 | | |
| | | 2020 | | | | | $ | 292,345 | | | | | | — | | | | | | — | | | | | $ | 88,040 | | | | | | — | | | | | $ | 380,385 | | | ||
Chuan D. (John) Vo Former Vice President of Propulsion (through February 25, 2022) | | | | | 2021 | | | | | $ | 301,923 | | | | | | — | | | | | $ | 2,496,500 | | | | | $ | 154,707 | | | | | | — | | | | | $ | 2,953,130 | | |
| | | | | | | | | Option Awards | | | Stock Awards | | ||||||||||||||||||||||||||||||||||||||||||
Name | | | Grant date | | | Number of securities underlying unexercised options (#) exercisable | | | Number of securities underlying unexercised options (#) unexercisable | | | Option exercise price ($) | | | Option expiration date | | | Number of shares or units of stock that have not vested (#) | | | Market value of shares or units of stock that have not vested ($)(1) | | | Equity incentive plan awards: number of unearned shares, units or other rights that have not vested | | | Equity incentive plan awards: market or payout value of unearned shares(1), units or other rights that have not vested | | |||||||||||||||||||||||||||
Daniel A. Ninivaggi | | | | | 8/26/21(2) | | | | | | — | | | | | | 700,000 | | | | | $ | 5.51 | | | | | | 8/26/31 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
| | | 8/26/21(2) | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 700,000 | | | | | $ | 2,415,000 | | | | | | — | | | | | | — | | | ||
Adam Kroll | | | | | 10/13/21(3) | | | | | | — | | | | | | 200,000 | | | | | $ | 5.12 | | | | | | 10/13/31 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
| | | 10/13/21(3) | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 250,000 | | | | | $ | 862,500 | | | | | | — | | | | | | — | | | ||
Jane Ritson-Parsons | | | | | 6/13/21(4) | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 350,000 | | | | | $ | 1,207,500 | | | | | | — | | | | | | — | | |
Angela Strand | | | | | 2/5/21(5) | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 6,164 | | | | | $ | 21,266 | | | | | | — | | | | | | — | | |
| | | 2/5/21(6) | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 6,164 | | | | | $ | 21,266 | | | | | | — | | | | | | — | | | ||
| | | 6/13/21(7) | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 50,000 | | | | | | — | | | | | | — | | | | | | — | | | ||
Stephen S. Burns | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Thomas V. Canepa | | | | | 11/1/19(8)(9) | | | | | | 702,703 | | | | | | — | | | | | $ | 1.79 | | | | | | 11/1/29 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
| | | 2/14/20(8)(9) | | | | | | 81,386 | | | | | | — | | | | | $ | 1.79 | | | | | | 2/13/30 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | ||
| | | 2/5/21(10) | | | | | | — | | | | | | 18,500 | | | | | $ | 26.77 | | | | | | 2/4/31 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | ||
| | | 6/13/21(11) | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 200,000 | | | | | $ | 690,000 | | | | | | — | | | | | | — | | | ||
Chuan D. (John) Vo | | | | | 2/14/20(8)(12) | | | | | | 74,433 | | | | | | 149,093 | | | | | $ | 1.79 | | | | | | 2/13/30 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
| | | 2/5/21(13) | | | | | | — | | | | | | 15,000 | | | | | $ | 26.77 | | | | | | 2/4/31 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | ||
| | | 6/13/21(14) | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 200,000 | | | | | $ | 690,000 | | | | | | — | | | | | | — | | | ||
| | | 12/7/21(1)(15) | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 200,000 | | | | | $ | 690,000 | | |
NAME | | | FEES EARNED OR PAID IN CASH ($)(1) | | | STOCK AWARDS ($)(2) | | | ALL OTHER COMPENSATION | | | TOTAL | | ||||||||||||
David T. Hamamoto | | | | $ | 71,413 | | | | | $ | 330,000 | | | | | | — | | | | | $ | 401,413 | | |
Keith Feldman | | | | $ | 80,982 | | | | | $ | 330,000 | | | | | | — | | | | | $ | 410,982 | | |
Jane Reiss | | | | $ | 71,803 | | | | | $ | 330,000 | | | | | | — | | | | | $ | 401,803 | | |
Dale Spencer | | | | $ | 74,619 | | | | | $ | 330,000 | | | | | | — | | | | | $ | 404,619 | | |
Michael Gates | | | | $ | 66,823 | | | | | $ | 330,000 | | | | | | — | | | | | $ | 396,823 | | |
Angela Strand | | | | $ | 68,025 | | | | | $ | 330,000 | | | | | | — | | | | | $ | 398,025 | | |
Martin J. Rucidlo | | | | $ | 72,070 | | | | | $ | 330,000 | | | | | | — | | | | | $ | 402,070 | | |
Mick Kowitz(3) | | | | $ | 46,674 | | | | | $ | — | | | | | | — | | | | | $ | 46,674 | | |
| | | Common Stock Beneficially Owned | | | | | | | | |||
Name and Address of Beneficial Owner | | | Number of Shares of Class A Common Stock Beneficially Owned | | | Percent of Class A Common Stock Outstanding | | ||||||
Directors and Named Executive Officers (Current Officers) | | | | | | | | | | | | | |
Keith Feldman(1) | | | | | 234,645 | | | | | | * | | |
Michael Gates | | | | | 18,320 | | | | | | * | | |
David T. Hamamoto(2) | | | | | 4,229,135 | | | | | | 2.13% | | |
Jane Reiss(3) | | | | | 147,923 | | | | | | * | | |
Martin J. Rucidlo | | | | | 20,754 | | | | | | * | | |
Dale Spencer(3) | | | | | 147,923 | | | | | | * | | |
Angela Strand | | | | | 58,219 | | | | | | * | | |
Daniel A. Ninivaggi | | | | | 20,000 | | | | | | * | | |
Adam Kroll | | | | | — | | | | | | * | | |
Jane Ritson-Parsons | | | | | — | | | | | | * | | |
Named Executive Officers (Former Officers) | | | | | | | | | | | | | |
Stephen S. Burns(4) | | | | | 35,362,745 | | | | | | 17.9% | | |
Thomas V. Canepa(5) | | | | | 698,059 | | | | | | * | | |
Chuan D. (John) Vo(6) | | | | | 227,641 | | | | | | * | | |
All Current Directors and Executive Officers, as a group (12 individuals)(7) | | | | | 5,033,570 | | | | | | 2.53% | | |
Five Percent Holders | | | | | | | | | | | | | |
The Vanguard Group(8) | | | | | 11,264,704 | | | | | | 5.73% | | |
| | | Common Stock Beneficially Owned | | | | |
Name and Address of Beneficial Owner | | | Number of Shares of Class A Common Stock Beneficially Owned | | | Percent of Class A Common Stock Outstanding | |
Directors and Named Executive Officers (Current Officers) | | | | | | | |
Keith Feldman(1) | | | | | | | |
David T. Hamamoto(2) | | | | | | | |
Jane Reiss(3) | | | | | | | |
Dale Spencer(3) | | | | | | | |
Angela Strand | | | | | | | |
Joseph B. Anderson, Jr. | | | | | | | |
Laura J. Soave | | | | | | | |
Daniel A. Ninivaggi | | | | | | | |
Adam Kroll | | | | | | | |
Jane Ritson-Parsons(4) | | | | | | | |
Named Executive Officers (Former Officers) | | | | | | | |
Stephen S. Burns(5) | | | | | | | |
Thomas V. Canepa(6) | | | | | | | |
Chuan D. (John) Vo(7) | | | | | | | |
All Current Directors and Executive Officers, as a group (12 individuals)(8) | | | | | | | |
Five Percent Holders | | | | | | | |
The Vanguard Group(9) | | | | | | | |
Plan category | | | Number of securities to be issued upon exercise of outstanding options, warrants and rights(1) (a) | | | Weighted-average exercise price of outstanding options, warrants and rights(2) (b) | | | Number of securities remaining available for future issuance under equity compensation plans (excluding securities reflected in column (a)) (c) | | |||||||||
Equity compensation plans approved by stockholders | | | | | 13,003 | | | | | $ | 10.76 | | | | | | 1,809 | | |
Equity compensation plans not approved by stockholders | | | | | N/A | | | | | | N/A | | | | | | N/A | | |
Total | | | | | 13,003 | | | | | $ | 10.76 | | | | | | 1,809 | | |
| | | | LORDSTOWN MOTORS CORP. | |
| | | | By: [Authorized Officer] | |