Jie Sheng - Oct 14, 2024 Form 4 Insider Report for FARADAY FUTURE INTELLIGENT ELECTRIC INC. (FFIE)

Role: Director
Signature: /s/ Jie Sheng
Stock symbol: FFIE
Transactions as of: Oct 14, 2024
Transactions value $: $0
Form type: 4
Date filed: 10/18/2024, 04:12 PM
Previous filing: Sep 17, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FFIE	Class A Common Stock	Options Exercise	$0	+22.6K	+5936.05%	$0.00	22.9K	Oct 14, 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	-22.6K	-37.5%	$0.00	37.6K	Oct 14, 2024	Class A Common Stock	22.6K		Direct	F2, F3

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

Explanation of Responses:

Id	Content
F1	After the close of market on August 16, 2024, the issuer effected a one-for-forty reverse stock split of all issued and outstanding shares of its Class A common stock (the "Common Stock"), which resulted in the reporting person's ownership of issued and outstanding shares of the Common Stock being reduced from 15,134 shares to 380 shares.
F2	Represents restricted stock units ("RSUs") granted to the reporting person on September 13, 2024 (the "Grant Date"). Each RSU represents the right to receive one share of Class A Common Stock of the Company.
F3	22,557 of the RSUs vested in full 30 days after the Grant Date. The remaining 37,594 RSUs vest in full on the earlier of the Company's next annual meeting of stockholders or the first anniversary of the Grant Date.