N. Liveris - Jun 4, 2024 Form 4 Insider Report for Lucid Group, Inc. (LCID)

Role
Director
Signature
/s/ Benjamin Uy, as attorney-in-fact for Andrew Liveris
Stock symbol
LCID
Transactions as of
Jun 4, 2024
Transactions value $
$0
Form type
4
Date filed
6/6/2024, 06:33 PM
Previous filing
Apr 1, 2024
Next filing
Jul 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LCID Class A Common Stock Award $0 +96.8K +16.45% $0.00 685K Jun 4, 2024 Direct F1, F2
holding LCID Class A Common Stock 400K Jun 4, 2024 By Liveris Capital Partners LLC 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") 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. The RSUs are also subject to a deferral election by the reporting person and shares will not be issued until the designated deferred settlement date.
F2 RSUs are settled in shares of Class A Common Stock on a one-for-one basis.
F3 Interests shown consist of 400,000 shares of Class A Common Stock (the "Liveris Capital Shares") beneficially owned by Liveris Capital Partners LLC ("Liveris Capital"). The reporting person has investment control over Liveris Capital and disclaims beneficial ownership of the Liveris Capital Shares. The Liveris Capital Shares were received as part of a distribution from Churchill Sponsor IV LLC applying equally to all securities of a class in January 2023.