4//SEC Filing
Alnowaiser Turqi A. 4
Accession 0000950103-23-006279
CIK 0001811210other
Filed
Apr 25, 8:00 PM ET
Accepted
Apr 26, 9:59 PM ET
Size
7.6 KB
Accession
0000950103-23-006279
Insider Transaction Report
Form 4
Alnowaiser Turqi A.
Director10% Owner
Transactions
- Award
Class A Common Stock
2023-04-24+32,258→ 2,123,427 total - Tax Payment
Class A Common Stock
2023-04-24$7.03/sh−1,191$8,373→ 2,122,236 total
Footnotes (3)
- [F1]These restricted stock units ("RSUs") will vest in full on the earlier of (i) the one-year anniversary of the date of grant and (ii) the date of the next annual meeting of stockholders held after the date of grant, in each case, subject to the reporting person's continued service on the board of directors through the applicable vesting date.
- [F2]The reporting person is deemed a beneficial owner of 10% of issued and outstanding shares of Class A Common Stock of the Issuer because the reporting person has voting power over 1,100,965,202 shares of Class A Common Stock (the "Ayar Shares") beneficially owned by Ayar Third Investment Company ("Ayar"), a wholly-owned subsidiary of The Public Investment Fund, pursuant to authority delegated to him by the sole manager of Ayar. The reporting person does not have and disclaims any pecuniary interest in such Ayar Shares.
- [F3]Represent shares that have been withheld by the Issuer to satisfy income tax withholding and remittance obligations in connection with the vesting of RSUs reported on a Form 4 filed on June 13, 2022.
Documents
Issuer
Lucid Group, Inc.
CIK 0001811210
Entity typeother
Related Parties
1- filerCIK 0001873801
Filing Metadata
- Form type
- 4
- Filed
- Apr 25, 8:00 PM ET
- Accepted
- Apr 26, 9:59 PM ET
- Size
- 7.6 KB