Sherry Ann House - 23 Jul 2021 Form 4 Insider Report for Lucid Group, Inc. (LCID)

Role: Chief Financial Officer
Signature: /s/ Jonathan Butler, as attorney-in-fact for Sherry House
Issuer symbol: LCID
Transactions as of: 23 Jul 2021
Net transactions value: $0
Form type: 4
Filing time: 27 Jul 2021, 17:41:03 UTC
Next filing: 08 Jun 2022
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		+661,000			661,000	23 Jul 2021	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents restricted stock units ("RSUs") received in exchange for 250,000 RSUs of Atieva, Inc., d/b/a Lucid Motors in connection with the merger by and among Churchill Capital Corp IV, Atieva, Inc., d/b/a Lucid Motors and Air Merger Sub, Inc. (the "Merger"). 25% of the RSUs will vest on August 2022 with the remaining 75% of the RSUs vesting in twelve equal quarterly installments through June 2025 subject to continued employment through each applicable vesting date.

Content

Represents restricted stock units ("RSUs") received in exchange for 250,000 RSUs of Atieva, Inc., d/b/a Lucid Motors in connection with the merger by and among Churchill Capital Corp IV, Atieva, Inc., d/b/a Lucid Motors and Air Merger Sub, Inc. (the "Merger"). 25% of the RSUs will vest on August 2022 with the remaining 75% of the RSUs vesting in twelve equal quarterly installments through June 2025 subject to continued employment through each applicable vesting date.