Marc Winterhoff - 04 Dec 2023 Form 4 Insider Report for Lucid Group, Inc. (LCID)

Role: Chief Operating Officer
Signature: /s/ Benjamin Uy, as attorney-in-fact for Marc Winterhoff
Issuer symbol: LCID
Transactions as of: 04 Dec 2023
Net transactions value: $0
Form type: 4
Filing time: 06 Dec 2023, 16:22:55 UTC
Next filing: 09 Dec 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LCID	Class A Common Stock	Award	$0	+713,911		$0.000000	713,911	04 Dec 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	+713,910		$0.000000	713,910	04 Dec 2023	Class A Common Stock	713,910	$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.