X0306 4 2021-07-23 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 2021-07-23 5 G 0 600000 0 D 0 D Common Stock 2021-07-23 5 G 0 1150000 0 D 77899795 I By M&M Residual, LLC Common Stock 2021-08-04 4 S 0 491039 10.63 D 77408756 I By M&M Residual, LLC Common Stock 2021-08-05 4 S 0 4611290 10.26 D 72797466 I By M&M Residual, LLC Common Stock 2021-08-06 4 S 0 1897671 10.01 D 70899795 I By M&M Residual, LLC Common Stock 2021-08-06 4 S 0 500000 10.18 D 1250000 I By Spouse On July 23, 2021, Mr. Milton transferred 600,000 shares and M&M Residual, LLC transferred 1,150,000 shares of Common Stock of Nikola Corporation to Mr. Milton's spouse. As manager of M&M Residual, LLC, Mr. Milton may be deemed to indirectly beneficially own securities held by such entity. Represents a weighted-average price. The shares were sold in multiple transactions at prices ranging from $10.60 to $10.71. 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. Represents a weighted-average price. The shares were sold in multiple transactions at prices ranging from $10.12 to $10.75. Represents a weighted-average price. The shares were sold in multiple transactions at prices ranging from $9.86 to $10.23. Represents a weighted-average price. The shares were sold in multiple transactions at prices ranging from $10.00 to $10.32. Mr. Milton may be deemed to indirectly beneficially own securities held by Mr. Milton's spouse. This Form 4 is filed jointly by Trevor R. Milton and M&M Residual, LLC. /s/ Trevor R. Milton 2021-08-06 M&M Residual, LLC /s/ Trevor R. Milton Name: Trevor R. Milton Title: Manager 2021-08-06