Glenn R. August - 24 Apr 2023 Form 4 Insider Report for Lucid Group, Inc. (LCID)

Reporting relationship: Director
Issuer ticker: LCID
Reported as of: 24 Apr 2023
Net transaction value: $0
SEC form: 4
Accepted by SEC: 26 Apr 2023, 21:34:28 UTC
Prior SEC filing: 13 Jun 2022
Next SEC filing: 28 Apr 2023
Source filing: View source filing
Reporting owner signature: /s/ Jonathan Butler, as attorney-in-fact for Glenn R. August

Key filing fact

Glenn R. August filed Form 4 for Lucid Group, Inc. (LCID) on 26 Apr 2023.

Key facts

This page summarizes Glenn R. August's Form 4 filing for Lucid Group, Inc. (LCID).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 26 Apr 2023, 21:34.

Change

Previous filing in this sequence was filed on 13 Jun 2022.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

LCID transaction

Class A Common Stock

Award

Transaction value
Shares: +32,258
Change %: +153%
Price
Shares after: 53,289
Date: 24 Apr 2023
Ownership: Direct
Footnotes: F1

LCID holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 7,000,000
Date: 24 Apr 2023
Ownership: By OHA Partner Global Co-Investment III, LLP
Footnotes: F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

These restricted stock units ("RSUs") will vest in full on the earlier of (i) the one-year anniversary of the date of grant and (ii) the date of the next annual meeting of stockholders held after the date of grant, in each case, subject to the reporting person's continued service on the board of directors through the applicable vesting date. The RSUs are also subject to a deferral election by the reporting person and shares will not be issued until the designated deferred settlement date.

Footnote F2

Interests shown consist of 7,000,000 shares of Common Stock held by OHA Partner Global Co-Investment III, LLP ("OHA PGCI3"). Mr. August has investment control over OHA PGCI3 and may be deemed to be a beneficial owner of such shares held by OHA PGCI3. The shares of Common Stock held by OHA PGCI3 were received as part of a distribution from Churchill Sponsor IV LLC applying equally to all securities of a class in January 2023 and Mr. August disclaims beneficial ownership of such shares other than to the extent of his pecuniary interest therein.