Gagan Dhingra - 05 Sep 2024 Form 4 Insider Report for Lucid Group, Inc. (LCID)

Role: VP of Acctng & Internal Ctrl*
Signature: /s/ Benjamin Uy, as attorney-in-fact for Gagan Dhingra
Issuer symbol: LCID
Transactions as of: 05 Sep 2024
Net transactions value: -$38,857
Form type: 4
Filing time: 06 Sep 2024, 19:23:51 UTC
Previous filing: 07 Jun 2024
Next filing: 17 Sep 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LCID	Class A Common Stock	Tax liability	$38,857	-10,172	-3.2%	$3.82	311,915	05 Sep 2024	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the settlement of performance stock units ("PSUs") for which service-based vesting requirements have been satisfied and the time-based vesting of restricted stock units ("RSUs"). The acquisition of such PSUs and RSUs has previously been reported on Forms 4 filed by the reporting person.

Content

Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the settlement of performance stock units ("PSUs") for which service-based vesting requirements have been satisfied and the time-based vesting of restricted stock units ("RSUs"). The acquisition of such PSUs and RSUs has previously been reported on Forms 4 filed by the reporting person.

Remarks:

* Mr. Dhingra also serves as Interim Chief Financial Officer and Principal Financial Officer.