- Fisker CAO John Finnucan exercised incentive stock options (ISOs) to acquire 2,350 shares in the company.
- Finnucan did not sell shares to cover the strike price but instead paid cash to complete the transaction, which was reported to the SEC under Section 16 disclosure requirements.
LOS ANGELES (September 2, 2022) – Fisker Inc. (NYSE: FSR) ("Fisker") today announced that Chief Accounting Officer John Finnucan executed a cash and hold exercise of his vested ISO options to acquire 2,350 shares of Class A common stock in Fisker Inc.
Finnucan did not sell shares to cover the strike price for his options but instead elected to pay cash to execute the transaction. He reported this to the Securities and Exchange Commission in accordance with his responsibilities as a Section 16 Officer of Fisker.
Finnucan joined Fisker in 2020 after a lengthy career at Ernst & Young LLP.
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About Fisker Inc.
California-based Fisker Inc. is revolutionizing the automotive industry by developing the most emotionally desirable and eco-friendly electric vehicles on Earth. Passionately driven by the vision of a clean future for all, the company is on a mission to become the No. 1 e-mobility service provider with the world's most sustainable vehicles. To learn more, visit www.FiskerInc.com – and enjoy exclusive content across Fisker's social media channels: Facebook, Instagram, Twitter, YouTube, and LinkedIn.