Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | FFIE | Performance Stock Options (Right to Buy) | Award | +565K | 565K | Mar 29, 2023 | Class A Common Stock | 565K | $0.89 | Direct | F1, F2 |
Id | Content |
---|---|
F1 | These performance stock options vest 25% on March 29, 2024, then in a series of 3 equal annual installments thereafter, subject to the reporting person's continued employment through the applicable vesting dates. |
F2 | Granted on December 15, 2022, these performance options have a start-of-production of the issuer's FF91 Futurist as the performance measurement, which was satisfied on March 29, 2023. |