Gagan Dhingra - Jun 5, 2024 Form 4 Insider Report for Lucid Group, Inc. (LCID)

Role
VP of Acctng & Internal Ctrl*
Signature
/s/ Benjamin Uy, as attorney-in-fact for Gagan Dhingra
Stock symbol
LCID
Transactions as of
Jun 5, 2024
Transactions value $
-$118,386
Form type
4
Date filed
6/7/2024, 07:59 PM
Previous filing
Apr 11, 2024
Next filing
Sep 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LCID Class A Common Stock Tax liability -$118K -41.5K -11.42% $2.85 322K Jun 5, 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the settlement of performance stock units ("PSUs") for which service-based vesting requirements have been satisfied and the time-based vesting of restricted stock units ("RSUs"). The acquisition of such PSUs and RSUs has previously been reported on Forms 4 filed by the reporting person.
F2 Includes 5,774 shares of Class A Common Stock purchased pursuant to the Lucid Group, Inc. 2021 Employee Stock Purchase Plan not previously reported.

Remarks:

* Mr. Dhingra also serves as Interim Chief Financial Officer and Principal Financial Officer.