Yun Han - 29 Mar 2023 Form 4 Insider Report for FARADAY FUTURE INTELLIGENT ELECTRIC INC. (FFAI)

Role
CAO & Interim CFO
Signature
/s/ Yun Han
Issuer symbol
FFAI
Transactions as of
29 Mar 2023
Net transactions value
$0
Form type
4
Filing time
31 Mar 2023, 18:36:01 UTC
Previous filing
04 Jan 2023
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 Performance Stock Units Award $0 +517,241 $0.000000 517,241 29 Mar 2023 Class A Common Stock 517,241 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents performance stock units ("PSUs") granted to the reporting person on October 25, 2022 (the "Grant Date"), with a start-of-production of the issuer's FF91 Futurist as the performance measurement, which was satisfied on March 29, 2023. Each PSU represents the right to receive one share of Class A Common Stock of the Company
F2 These PSUs vest 1/3 on March 29, 2024, then in a series of 2 equal annual installments thereafter, subject to the reporting person's continued employment through the applicable vesting dates.