N. Liveris - Apr 24, 2023 Form 4 Insider Report for Lucid Group, Inc. (LCID)

Role: Director
Signature: /s/ Jonathan Butler, as attorney-in-fact for Andrew N. Liveris
Stock symbol: LCID
Transactions as of: Apr 24, 2023
Transactions value $: $0
Form type: 4
Date filed: 4/26/2023, 09:58 PM
Previous filing: Apr 3, 2023
Next filing: Jul 5, 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	+5.8%		589K	Apr 24, 2023	Direct	F1
holding	LCID	Class A Common Stock						400K	Apr 24, 2023	By Liveris Capital Partners LLC	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 400,000 shares of Common Stock held by Liveris Capital Partners LLC. Mr. Liveris has investment control over Liveris Capital Partners LLC and disclaims beneficial ownership of such shares held by Liveris Capital Partners LLC. The shares of Common Stock held by Liveris Capital Partners LLC were received as part of a distribution from Churchill Sponsor IV LLC applying equally to all securities of a class in January 2023.

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.

Interests shown consist of 400,000 shares of Common Stock held by Liveris Capital Partners LLC. Mr. Liveris has investment control over Liveris Capital Partners LLC and disclaims beneficial ownership of such shares held by Liveris Capital Partners LLC. The shares of Common Stock held by Liveris Capital Partners LLC were received as part of a distribution from Churchill Sponsor IV LLC applying equally to all securities of a class in January 2023.