Public Investment Fund - Dec 9, 2022 Form 3 Insider Report for Lucid Group, Inc. (LCID)

Role
Director, 10%+ Owner
Signature
The Public Investment Fund, /s/ H.E. Yasir O. Al Rumayyan, Governor
Stock symbol
LCID
Transactions as of
Dec 9, 2022
Transactions value $
$0
Form type
3
Date filed
12/19/2022, 04:21 PM
Next filing
Dec 27, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding LCID Class A Common Stock 8.04M Dec 9, 2022 Direct
holding LCID Class A Common Stock 1.02B Dec 9, 2022 By Ayar Third Investment Company F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Ayar Third Investment Company ("Ayar") is a wholly-owned subsidiary of The Public Investment Fund of Saudi Arabia ("PIF"), and as such PIF may be deemed to beneficially own the Shares held by Ayar. In addition, H.E. Yasir O. Al Rumayyan is the Governor of PIF and the sole manager of Ayar and may be deemed to beneficially own the Shares by virtue of his power to vote the Shares. This report relates to the direct purchase by PIF of 8,041,393 Shares. The Shares shown as held by Ayar have been previously reported.

Remarks:

PIF may be deemed a director by deputization, as Turqi A. Alnowaiser, an employee of PIF, serves as a representative of Ayar on the Board of Directors of the Issuer.