Sec Form 4 Filing - Selwood Lionel E. Jr. @ Romeo Power, Inc. - 2020-12-29

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
Selwood Lionel E. Jr.
2. Issuer Name and Ticker or Trading Symbol
Romeo Power, Inc. [ RMO]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
President, CEO and Director
(Last) (First) (Middle)
C/O ROMEO POWER, INC., 4380 AYERS AVENUE
3. Date of Earliest Transaction (MM/DD/YY)
12/29/2020
(Street)
VERNON, CA90058
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 (right to buy) $ 1.56 12/29/2020 A 99,510 ( 2 )( 10 ) 10/29/2029 Common stock, par value $0.0001 per share ("Common Stock") 99,510 ( 1 ) ( 2 ) 99,510 D
Stock Option (right to buy) $ 1.56 12/29/2020 A 40,480 ( 3 )( 10 ) 10/29/2029 Common Stock 40,480 ( 1 ) ( 3 ) 40,480 D
Stock Option (right to buy) $ 6.08 12/29/2020 A 4,469 ( 4 )( 11 ) 09/16/2030 Common Stock 4,469 ( 1 ) ( 4 ) 4,469 D
Stock Option (right to buy) $ 6.08 12/29/2020 A 969,371 ( 5 )( 11 ) 09/16/2030 Common Stock 969,371 ( 1 ) ( 5 ) 969,371 D
Stock Option (right to buy) $ 6.09 12/29/2020 A 11,947 ( 6 )( 12 ) 11/15/2028 Common Stock 11,947 ( 1 ) ( 6 ) 11,947 D
Stock Option (right to buy) $ 6.09 12/29/2020 A 170,648 ( 7 )( 12 ) 11/15/2028 Common Stock 170,648 ( 1 ) ( 7 ) 170,648 D
Stock Option (right to buy) $ 4.09 12/29/2020 A 39,809 ( 8 )( 12 ) 02/20/2027 Common Stock 39,809 ( 1 ) ( 8 ) 39,809 D
Stock Option (right to buy) $ 4.09 12/29/2020 A 2,797 ( 9 )( 12 ) 02/20/2027 Common Stock 2,797 ( 1 ) ( 9 ) 2,797 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Selwood Lionel E. Jr.
C/O ROMEO POWER, INC.
4380 AYERS AVENUE
VERNON, CA90058
X President, CEO and Director
Signatures
/s/ Lauren Webb, Attorney-in-fact 12/31/2020
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Received pursuant to the Agreement and Plan of Merger, dated as of October 5, 2020, as amended by Amendment No. 1 to Agreement and Plan of Merger dated as of November 18, 2020 (as amended, the "Merger Agreement"), by and among Romeo Power, Inc. (f/k/a RMG Acquisition Corp.) (the "Issuer"), RMG Merger Sub, Inc., a wholly owned subsidiary of the Issuer ("Merger Sub"), and Romeo Systems, Inc. ("Legacy Romeo"), pursuant to which Merger Sub merged with and into Legacy Romeo, with Legacy Romeo surviving the merger (the "Merger"). As a result, Legacy Romeo became a wholly-owned subsidiary of the Issuer, with the stockholders of Legacy Romeo becoming stockholders of the Issuer.
( 2 )58,047 shares of this option have vested and are exercisable. This option was received in the Merger in exchange for an option to purchase 817,463 shares of Class A common stock of Legacy Romeo.
( 3 )23,613 shares of this option have vested and are exercisable. This option was received in the Merger in exchange for an option to purchase 332,537 shares of Class A common stock of Legacy Romeo.
( 4 )1,117 shares of this option have vested and are exercisable. This option was received in the Merger in exchange for an option to purchase 36,711 shares of Class A common stock of Legacy Romeo.
( 5 )242,343 shares of this option have vested and are exercisable. This option was received in the Merger in exchange for an option to purchase 7,963,289 shares of Class A common stock of Legacy Romeo.
( 6 )This option is fully vested and exercisable. This option was received in the Merger in exchange for an option to purchase 98,142 shares of Class A common stock of Legacy Romeo.
( 7 )This option is fully vested and exercisable. This option was received in the Merger in exchange for an option to purchase 1,401,858 shares of Class A common stock of Legacy Romeo.
( 8 )This option is fully vested and exercisable. This option was received in the Merger in exchange for an option to purchase 327,027 shares of Class A common stock of Legacy Romeo.
( 9 )This option is fully vested and exercisable. This option was received in the Merger in exchange for an option to purchase 22,973 shares of Class A common stock of Legacy Romeo.
( 10 )1/36th of these options vest monthly.
( 11 )1/12th of these options vest monthly.
( 12 )One-third of these options vest on the first year anniversary of the grant date, and 1/36th of these options vest monthly thereafter.

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