X0306 4 2020-10-23 0 0001759546 Lordstown Motors Corp. RIDE 0001827681 Post Darren C/O LORDSTOWN MOTORS CORP. 2300 HALLOCK YOUNG ROAD LORDSTOWN OH 44481 0 1 0 0 Vice President of Engineering Incentive Stock Options (Right to Buy) 1.79 2020-10-23 4 A 0 167645 A 2029-11-20 Class A Common Stock 167645 167645 D Non-Qualified Stock Options (Right to Buy) 1.79 2020-10-23 4 A 0 55881 A 2030-02-14 Class A Common Stock 55881 55881 D The options were received in exchange for options to purchase 3,000 shares of Legacy Lordstown pursuant to the Agreement and Plan of Merger, dated August 1, 2020 (the "Merger Agreement"), among DiamondPeak Holdings Corp. (which subsequently changed its name to Lordstown Motors Corp., the "Issuer"), DPL Merger Sub Corp., a Delaware corporation and wholly owned subsidiary of the Issuer ("Merger Sub"), and Lordstown EV Corporation (f/k/a Lordstown Motors Corp.) ("Legacy Lordstown"). Pursuant to the Merger Agreement, Merger Sub merged with and into Legacy Lordstown, with Legacy Lordstown surviving as the surviving company and as a wholly owned subsidiary of the Issuer. 55,882 options vest on November 11, 2020, 55,882 options vest on November 11, 2021, and 55,881 options vest on November 11, 2022. The options were received in exchange for options to purchase 1,000 shares of Legacy Lordstown pursuant to the Merger Agreement. 18,608 options vest on February 14, 2021, 18,608 options vest on February 14, 2022, and 18,665 options vest on February 14, 2023. /s/ Thomas V. Canepa, Attorney-in-Fact 2020-10-26