Jordan Vogel - 21 Jul 2021 Form 4 Insider Report for FARADAY FUTURE INTELLIGENT ELECTRIC INC. (FFAI)

Source evidence Original filing metadata and source links for verification. 3 source fields
SEC form
4
Accepted by SEC
23 Jul 2021, 18:02:01 UTC
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Jordan Vogel

Key filing fact

Jordan Vogel filed Form 4 for FARADAY FUTURE INTELLIGENT ELECTRIC INC. (FFAI) on 23 Jul 2021.

Key facts

  • This page summarizes Jordan Vogel's Form 4 filing for FARADAY FUTURE INTELLIGENT ELECTRIC INC. (FFAI).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 23 Jul 2021, 18:02.

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

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.

FFIE transaction

Class A Common Stock

Disposed to Issuer

Transaction value
Shares
-1,697,500
Change %
-27%
Price
Shares after
4,530,312
Date
21 Jul 2021
Ownership
See footnote
Footnotes
F1, F2, F3
FFIE transaction

Class A Common Stock

Award

Transaction value
Shares
+80,000
Change %
+1.8%
Price
Shares after
4,610,312
Date
21 Jul 2021
Ownership
See footnote
Footnotes
F1, F2, F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

FFIE transaction Derivative

Warrants

Award

Transaction value
Shares
+80,000
Change %
+17%
Price
Shares after
563,420
Date
21 Jul 2021
Ownership
See footnote
Underlying class
Class A Common Stock
Underlying amount
80,000
Exercise price
$11.50
Footnotes
F2, 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

In connection with the completion of the Issuer's initial business combination, the common stock of Property Solutions Acquisition Corp. was automatically converted into class A common stock of Faraday Future Intelligent Electric Inc. on a one-for-one basis.

Footnote F2

The shares and warrants are owned directly by Property Solutions Acquisition Sponsor, LLC ("Sponsor"), of which Jordan Vogel is a managing member. Mr. Vogel disclaims beneficial ownership of the securities held by the Sponsor except to the extent of his pecuniary interests therein.

Footnote F3

In connection with the completion of the Issuer's initial business combination, 1,697,500 shares of common stock were forfeited by Sponsor for no consideration.

Footnote F4

80,000 shares and 80,000 warrants were issued to the Sponsor in connection with the conversion of a note payable into such securities for no additional consideration.

SEC remarks

Note: Aaron William Feldman and Property Solutions Acquisition Sponsor, LLC previously reported jointly with the reporting person and are separately filing a Form 4 to report these transactions.

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