Michael Bell - Sep 10, 2023 Form 4 Insider Report for Lucid Group, Inc. (LCID)

Role
Senior Vice President, Digital
Signature
/s/ Benjamin Uy, as attorney-in-fact for Michael Bell
Stock symbol
LCID
Transactions as of
Sep 10, 2023
Transactions value $
-$158,562
Form type
4
Date filed
9/12/2023, 09:11 PM
Previous filing
Sep 7, 2023
Next filing
Sep 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LCID Class A Common Stock Award $0 +409K +37.07% $0.00 1.51M Sep 10, 2023 Direct F1
transaction LCID Class A Common Stock Tax liability -$159K -27.2K -1.8% $5.84 1.48M Sep 10, 2023 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LCID Employee Stock Option (right to buy) Award $0 +409K $0.00 409K Sep 10, 2023 Common Stock 409K $8.26 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These restricted stock units ("RSUs") vest over four years, with 1/8th vesting on the grant date and the remainder of the RSUs to vest 1/16th on each March 5, June 5, September 5, and December 5 annually thereafter.
F2 Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the vesting of RSUs reported on this Form 4.
F3 These stock options will vest over four years, with 5/48th to vest on the first monthly anniversary of the grant date and the remainder to vest 1/48th on each monthly anniversary thereafter.