Key facts
- This page summarizes Ayar Third Investment Co's Form 4 filing for Lucid Group, Inc. (LCID).
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 27 Jul 2021, 17:43.
Ayar Third Investment Co - 23 Jul 2021 Form 4 Insider Report for Lucid Group, Inc. (LCID)
- Reporting relationship
- Director, 10%+ Owner
- Issuer ticker
- LCID
- Reported as of
- 23 Jul 2021
- Net transaction value
- $0
- Reporting owner signature
- /s/ Turqi A. Alnowaiser, Authorized Signatory
Source evidence
Original filing metadata and source links for verification.
3 source fields
Reporting owner
1 detail
Key filing fact
Ayar Third Investment Co filed Form 4 for Lucid Group, Inc. (LCID) on 27 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 non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
LCID
transaction
Class A Common Stock
Award
- Transaction value
- $0
- Shares
- +1,015,252,523
- Change %
- Price
- $0.000000
- Shares after
- 1,015,252,523
- Date
- 23 Jul 2021
- Ownership
- Direct
- Footnotes
- F1, F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Ayar Third Investment Co is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 2 footnotes
Footnote F1
Represents shares of Class A Common Stock ("Shares") that were issued to Ayar Third Investment Company ("Ayar") in exchange for shares of common stock of Atieva, Inc., d/b/a Lucid Motors ("Lucid") held by Ayar upon the closing of the business combination transaction pursuant to the Agreement and Plan of Merger, dated February 22, 2021, by and among Churchill Capital Corp IV ("Churchill"), Air Merger Sub, Inc., a direct, wholly-owned subsidiary of Churchill and Lucid. Ayar is a wholly-owned subsidiary of The Public Investment Fund of Saudi Arabia ("PIF"), and as such PIF may be deemed to beneficially own the Shares held by Ayar. In addition, H.E. Yasir O. Al Rumayyan is the Governor of PIF and the sole manager of Ayar and may be deemed to beneficially own the Shares by virtue of his power to vote the Shares.
Footnote F2
Ayar may be deemed a director by deputization, as Turqi A. Alnowaiser, an employee of PIF, serves as a representative of Ayar on the Board of Directors of the Issuer.