Key facts
- This page summarizes Brian K. Krolicki's Form 4 filing for FARADAY FUTURE INTELLIGENT ELECTRIC INC. (FFAI).
- 3 reported transactions and 3 derivative rows are listed below.
- Accepted by SEC: 23 Jul 2021, 16:06.
Brian K. Krolicki - 21 Jul 2021 Form 4 Insider Report for FARADAY FUTURE INTELLIGENT ELECTRIC INC. (FFAI)
- Reporting relationship
- Director
- Issuer ticker
- FFAI
- Reported as of
- 21 Jul 2021
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 23 Jul 2021, 16:06:33 UTC
- Next SEC filing
- 20 Aug 2021
- Source filing
- View source filing
- Reporting owner signature
- /s/ Jarret Johnson, as Attorney-in-Fact for Brian Krolicki
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Brian K. Krolicki filed Form 4 for FARADAY FUTURE INTELLIGENT ELECTRIC INC. (FFAI) on 23 Jul 2021.
Change
- No earlier filing in this sequence is available for direct comparison.
- 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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
FFIE
transaction
Derivative
Stock Option (Right to Buy)
Award
- Transaction value
- Shares
- +45,922
- Change %
- Price
- Shares after
- 45,922
- Date
- 21 Jul 2021
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 45,922
- Exercise price
- $2.55
- Footnotes
- F1, F2
FFIE
transaction
Derivative
Stock Option (Right to Buy)
Award
- Transaction value
- Shares
- +50,044
- Change %
- Price
- Shares after
- 50,044
- Date
- 21 Jul 2021
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 50,044
- Exercise price
- $2.55
- Footnotes
- F1, F3
FFIE
transaction
Derivative
Stock Option (Right to Buy)
Award
- Transaction value
- Shares
- +7,653
- Change %
- Price
- Shares after
- 7,653
- Date
- 21 Jul 2021
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 7,653
- Exercise price
- $7.95
- Footnotes
- F1, F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote F1
Pursuant to the Agreement and Plan of Merger, dated January 27, 2021, as amended, by and among Property Solutions Acquisitions Corp. ("PSAC"), PSAC Merger Sub Ltd., and FF Intelligent Mobility Global Holdings Ltd. ("FF") (the "Merger Agreement"), the merger pursuant to which closed on July 21, 2021 ("Closing"), (i) each outstanding share of FF common stock held by the reporting person converted into the right to receive shares of the Issuer's Class A common stock using an exchange ratio of 0.1413 (the "Exchange Ratio"), and (ii) each outstanding and unexercised option to purchase shares of FF common stock converted into an option to purchase shares of the Issuer's common stock, with necessary adjustments to reflect the Exchange Ratio but otherwise the same terms and conditions. On the Closing date, the closing price of the Issuer's common stock was $13.78. Following Closing, the Issuer will be renamed "Faraday Future Intelligent Electric Inc."
Footnote F2
These stock options vested in a series of 12 equal annual installments starting on May 1, 2020.
Footnote F3
These stock options vest in a series of 36 equal monthly installments starting on July 1, 2019, subject to the reporting person's continued employment through the applicable vesting date.
Footnote F4
These stock options vested 50% on June 1, 2021 and 50% on July 1, 2021.