Yueting Jia - Dec 3, 2024 Form 4 Insider Report for FARADAY FUTURE INTELLIGENT ELECTRIC INC. (FFIE)

Role
Fndr, Chief P&U Ecosys Officer
Signature
/s/ Yueting Jia
Stock symbol
FFIE
Transactions as of
Dec 3, 2024
Transactions value $
-$159,945
Form type
4
Date filed
12/5/2024, 07:18 PM
Previous filing
Nov 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FFIE Class A Common Stock Options Exercise +398K +1655.52% 422K Dec 3, 2024 Direct F1
transaction FFIE Class A Common Stock Tax liability -$160K -154K -36.42% $1.04 268K Dec 3, 2024 Direct F2

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 -398K -100% $0.00 0 Dec 3, 2024 Class A Common Stock 398K Direct F1, 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 September 13, 2024 (the "Grant Date"). Each RSU represents the right to receive one share of Class A Common Stock of the Company.
F2 Pursuant to the applicable award agreement underlying the related RSUs, shares of Class A Common Stock were sold by the Issuer to cover estimated taxes in connection with the RSUs' vesting. This sale price represents the weighted average sale price of the shares sold, ranging from $1.02 to $1.08 per share. The reporting person undertakes, upon request, to provide to the Staff, the Issuer, or any security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 These RSUs vested in full on December 3, 2024.