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 OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Milton Trevor R.
2. Issuer Name and Ticker or Trading Symbol

Nikola Corp [ NKLA ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    __X__ 10% Owner
_____ Officer (give title below)    _____ Other (specify below)
(Last)          (First)          (Middle)

P.O. BOX 51060
3. Date of Earliest Transaction (MM/DD/YYYY)

12/3/2020
(Street)

PHOENIX, AZ 85076
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

___ Form filed by One Reporting Person
_ X _ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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
Common Stock 12/3/2020  J(1)  2744543 D$18.98 88899591 I By M&M Residual, LLC (2)
Common Stock 12/3/2020  X(3)  220125 D$10.4 88679466 I By M&M Residual, LLC (2)
Common Stock 12/3/2020  X(4)  278843 D$4.52 88400623 I By M&M Residual, LLC (2)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares

Explanation of Responses:
(1) The reported dispositions were made as consideration agreed to by the reporting person on March 13, 2020 in connection with previously negotiated transactions for the purchase of real estate.
(2) As manager of M&M Residual, LLC, Mr. Milton may be deemed to indirectly beneficially own shares held by such entity.
(3) The reported sales were made pursuant to the exercise of an option to purchase granted by the reporting person on May 25, 2020 in connection with transactions for the purchase of real estate.
(4) The reported sales were made pursuant to the exercise of an option to purchase granted by the reporting person on March 29, 2019 in connection with transactions for the purchase of real estate.

Remarks:
This Form 4 is filed jointly by Trevor R. Milton and M&M Residual, LLC.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Milton Trevor R.
P.O. BOX 51060
PHOENIX, AZ 85076

X

M&M Residual, LLC
P.O. BOX 51060
PHOENIX, AZ 85076

X


Signatures
/s/ Trevor R. Milton12/7/2020
**Signature of Reporting PersonDate

M&M Residual, LLC By: /s/ Trevor R. Milton Name: Trevor R. Milton Title: Manager12/7/2020
**Signature of Reporting PersonDate

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