Nichelle Maynard-Elliott - Jun 4, 2024 Form 4 Insider Report for Lucid Group, Inc. (LCID)

Role: Director
Signature: /s/ Benjamin Uy, as attorney-in-fact for Nichelle Maynard-Elliott
Stock symbol: LCID
Transactions as of: Jun 4, 2024
Transactions value $: $0
Form type: 4
Date filed: 6/6/2024, 06:35 PM
Previous filing: May 24, 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	+181.69%	$0.00	150K	Jun 4, 2024	Direct	F1, 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") 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.

Content

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.

RSUs are settled in shares of Class A Common Stock on a one-for-one basis.