Chui Tin Mok - 29 Mar 2023 Form 4 Insider Report for FARADAY FUTURE INTELLIGENT ELECTRIC INC. (FFAI)

Role
Exec. VP, Head of User Ecosys.
Signature
/s/ Chui Tin Mok
Issuer symbol
FFAI
Transactions as of
29 Mar 2023
Net transactions value
$0
Form type
4
Filing time
31 Mar 2023, 18:36:51 UTC
Previous filing
04 Jan 2023
Next filing
17 Sep 2024
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 Options (Right to Buy) Award +1,022 1,022 29 Mar 2023 Class A Common Stock 1,022 $0.8900 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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 November 23, 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.