Marc Winterhoff - Dec 4, 2023 Form 4 Insider Report for Lucid Group, Inc. (LCID)

Signature
/s/ Benjamin Uy, as attorney-in-fact for Marc Winterhoff
Stock symbol
LCID
Transactions as of
Dec 4, 2023
Transactions value $
$0
Form type
4
Date filed
12/6/2023, 04:22 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LCID Class A Common Stock Award $0 +714K $0.00 714K Dec 4, 2023 Direct F1

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 +714K $0.00 714K Dec 4, 2023 Class A Common Stock 714K $5.25 Direct F2
* 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 1/4th vesting on December 5, 2024 and the remainder of the RSUs to vest 1/16th on each of March 5, June 5, September 5, and December 5 thereafter.
F2 These stock options will vest over four years, with 1/4th vesting on December 4, 2024 and the remainder to vest 1/48th on each monthly anniversary thereafter.