Susan Swenson - 31 Jan 2022 Form 4 Insider Report for FARADAY FUTURE INTELLIGENT ELECTRIC INC. (FFAI)

Role
Executive Chairperson, Director
Signature
/s/ Brian Fritz, attorney-in-fact for Susan Swenson
Issuer symbol
FFAI
Transactions as of
31 Jan 2022
Net transactions value
$0
Form type
4
Filing time
14 Mar 2022, 16:12:30 UTC
Previous filing
16 Nov 2021
Next filing
17 Feb 2022
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FFIE Stock Option (Right to Buy) Award $0 +700,935 $0.000000 700,935 31 Jan 2022 Class A Common Stock 700,935 $4.28 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These stock options vest: (i) 50% on January 31, 2023, subject to the Reporting Person's continued service through the vesting date (including not less than 90 days as Executive Chairperson) and (ii) 50% upon the average stock price of the Issuer's Common Stock being not less than $10 per share for 20 out of the immediately preceding 30 trading days.

Remarks:

Exhibit List: Exhibit 24 Power of Attorney