Xuefeng Chen - Nov 28, 2023 Form 4 Insider Report for FARADAY FUTURE INTELLIGENT ELECTRIC INC. (FFIE)

Signature
/s/ Xuefeng Chen
Stock symbol
FFIE
Transactions as of
Nov 28, 2023
Transactions value $
-$111
Form type
4
Date filed
11/30/2023, 04:23 PM
Previous filing
Jun 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FFIE Class A Common Stock Options Exercise +724 724 Nov 28, 2023 Direct F1
transaction FFIE Class A Common Stock Tax liability -$111 -251 -34.67% $0.44 473 Nov 28, 2023 Direct

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 Restricted Stock Units Options Exercise $0 -724 -25.02% $0.00 2.17K Nov 28, 2023 Class A Common Stock 724 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units ("RSUs") granted to the reporting person on February 3, 2023. Each RSU represents the right to receive one share of Class A Common Stock of the Company.
F2 724 RSUs vested on November 28, 2023 and the remaining 2,170 RSUs will vest in three equal installments on November 28, 2024, November 28, 2025 and November 28, 2026.
F3 On August 28, 2023, the issuer effected a one-for-eighty reverse stock split of all issued and outstanding shares of its Class A common stock and the related equity awards which include stock options, performance stock options, RSUs and performance RSUs, resulting in the reporting person's ownership of shares of the unvested RSUs prior to the first anniversary vesting being reduced from 231,481 shares to 2,894 shares.