Gagan Dhingra - Dec 5, 2024 Form 4 Insider Report for Lucid Group, Inc. (LCID)

Role: VP of Acctng & Internal Ctrl*
Signature: /s/ Bruce Wang, as attorney-in-fact for Gagan Dhingra
Stock symbol: LCID
Transactions as of: Dec 5, 2024
Transactions value $: -$116,500
Form type: 4
Date filed: 12/9/2024, 05:06 PM
Previous filing: Sep 17, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LCID	Class A Common Stock	Tax liability	-$116K	-55.5K	-7.91%	$2.10	646K	Dec 5, 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.