6/25/2020 https://www.sec.gov/Archives/edgar/data/1731289/000110465920048649/tm2015594d2_def14a.

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BENEFICIAL OWNERSHIP OF SECURITIES

The following table sets forth information regarding the beneficial ownership of our common stock as of April 17, 2020,
by:

· each person known by us to be the beneficial owner of more than 5% of our outstanding shares of common stock;

· each of our officers and directors; and

· all our officers and directors as a group.

Unless otherwise indicated, we believe that all persons named in the table have sole voting and investment power with
respect to all shares beneficially owned by them. The following table does not reflect record or beneficial ownership of the sponsor
warrants as these warrants are not exercisable within 60 days of the date of this proxy statement.

We have based our calculation of the percentage of beneficial ownership on 29,640,000 shares of common stock
outstanding on April 17, 2020.

Number of Percentage
Shares of
Beneficially Outstanding
Name and Address of Beneficial Owner(1) Owned Shares
VectoIQ Holdings, LLC(1) 4,586,132 15.5
BlackRock, Inc.(2) 2,776,207 9.4
Polar Asset Management Partners Inc.(3) 2,573,000 8.7
Karpus Investment Management(4) 2,353,142 7.9
Periscope Capital, Inc.(5) 1,504,400 5.1
Stephen J. Girsky(6) 4,597,581 15.5
Mary Chan(7) 11,448 *
Steve Shindler(8) 11,448 *
Mindy Luxenberg-Grant(9) 11,447 *
Robert Gendelman 15,000 *
Sarah W. Hallac 15,000 *
Richard J. Lynch 15,000 *
Victoria McInnis 15,000 *
All Directors and Executive Officers of VectoIQ as a Group (eight
individuals)(10) 4,691,924 15.8

* Less than 1%.

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