Glenn R. August - Apr 24, 2023 Form 4 Insider Report for Lucid Group, Inc. (LCID)

Role
Director
Signature
/s/ Jonathan Butler, as attorney-in-fact for Glenn R. August
Stock symbol
LCID
Transactions as of
Apr 24, 2023
Transactions value $
$0
Form type
4
Date filed
4/26/2023, 09:34 PM
Previous filing
Jun 13, 2022
Next filing
Apr 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LCID Class A Common Stock Award +32.3K +153.38% 53.3K Apr 24, 2023 Direct F1
holding LCID Class A Common Stock 7M Apr 24, 2023 By OHA Partner Global Co-Investment III, LLP 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 Interests shown consist of 7,000,000 shares of Common Stock held by OHA Partner Global Co-Investment III, LLP ("OHA PGCI3"). Mr. August has investment control over OHA PGCI3 and may be deemed to be a beneficial owner of such shares held by OHA PGCI3. The shares of Common Stock held by OHA PGCI3 were received as part of a distribution from Churchill Sponsor IV LLC applying equally to all securities of a class in January 2023 and Mr. August disclaims beneficial ownership of such shares other than to the extent of his pecuniary interest therein.