Sec Form 4 Filing - Huhnke Burkhard J. @ Fisker Inc./DE - 2020-10-29

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Huhnke Burkhard J.
2. Issuer Name and Ticker or Trading Symbol
Fisker Inc./DE [ FSR]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chief Technology Officer
(Last) (First) (Middle)
C/O FISKER INC., 1888 ROSECRANS AVENUE
3. Date of Earliest Transaction (MM/DD/YY)
10/29/2020
(Street)
MANHATTAN BEACH, CA90266
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option $ 1.36 10/29/2020 A( 1 ) 27,162 ( 2 ) 04/26/2030 Class A Common Stock 27,162 ( 1 ) 27,162 D
Stock Option $ 6.45 10/29/2020 A( 3 ) 380,271 ( 4 ) 07/29/2030 Class A Common Stock 380,271 ( 3 ) 380,271 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Huhnke Burkhard J.
C/O FISKER INC.
1888 ROSECRANS AVENUE
MANHATTAN BEACH, CA90266
Chief Technology Officer
Signatures
/s/ Burkhard J. Huhnke 11/02/2020
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Received in exchange for an option to purchase 10,000 shares of Class A Common Stock of Fisker Inc., a Delaware corporation (which subsequently changed its name to "Fisker Group Inc.") ("Legacy Fisker"), pursuant to the Business Combination Agreement and Plan of Reorganization, dated as of July 10, 2020, by and among Spartan Energy Acquisition Corp., a Delaware corporation (which subsequently changed its name to "Fisker Inc."), Spartan Merger Sub Inc., a Delaware corporation, and Legacy Fisker (the "BCA").
( 2 )One-half of the stock option is vested and immediately exercisable and the remaining one-half will vest and become exercisable on July 15, 2021.
( 3 )Received pursuant to the BCA in exchange for an option to purchase 140,000 shares of Legacy Fisker Class A Common Stock.
( 4 )The option will vest and become exercisable as to 1/4th of the total number of shares on July 10, 2021, and thereafter will vest and become exercisable as to 1/16th of the total number of shares in equal quarterly installments.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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