Lev Peker - 15 Apr 2024 Form 4 Insider Report for FARADAY FUTURE INTELLIGENT ELECTRIC INC. (FFAI)

Role
Director
Signature
/s/ Lev Peker
Issuer symbol
FFAI
Transactions as of
15 Apr 2024
Net transactions value
$0
Form type
4
Filing time
28 May 2024, 19:47:17 UTC
Previous filing
22 Feb 2024
Next filing
17 Sep 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FFIE Class A Common Stock Options Exercise +10,125 10,125 15 Apr 2024 Direct F1

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 -10,125 -100% $0.000000* 0 15 Apr 2024 Class A Common Stock 10,125 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 October 17, 2023 (the "Grant Date"). Each RSU represents the right to receive one share of Class A Common Stock of the Company
F2 These RSUs vested in full on April 15, 2024
F3 On March 1, 2024, the issuer effected a one-for-three 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, restricted stock units ("RSU"s) and performance RSUs, resulting in the reporting person's ownership of shares of the unvested RSUs prior to the first aniversary vesting being reduced from 30,375 shares to 10,125 shares.