Michael Bell - 10 Sep 2023 Form 4 Insider Report for Lucid Group, Inc. (LCID)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
12 Sep 2023, 21:11:57 UTC
Prior SEC filing
07 Sep 2023
Next SEC filing
18 Sep 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Benjamin Uy, as attorney-in-fact for Michael Bell

Key filing fact

Michael Bell filed Form 4 for Lucid Group, Inc. (LCID) on 12 Sep 2023.

Key facts

  • This page summarizes Michael Bell's Form 4 filing for Lucid Group, Inc. (LCID).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 12 Sep 2023, 21:11.

Change

  • Previous filing in this sequence was filed on 07 Sep 2023.
  • Current net transaction value: -$158,562.

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
$0
Shares
+408,663
Change %
+37%
Price
$0.000000
Shares after
1,511,179
Date
10 Sep 2023
Ownership
Direct
Footnotes
F1
LCID transaction

Class A Common Stock

Tax liability

Transaction value
$158,562
Shares
-27,151
Change %
-1.8%
Price
$5.84
Shares after
1,484,028
Date
10 Sep 2023
Ownership
Direct
Footnotes
F2

Reported derivative securities

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

LCID transaction Derivative

Employee Stock Option (right to buy)

Award

Transaction value
$0
Shares
+408,663
Change %
Price
$0.000000
Shares after
408,663
Date
10 Sep 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
408,663
Exercise price
$8.26
Footnotes
F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

These restricted stock units ("RSUs") vest over four years, with 1/8th vesting on the grant date and the remainder of the RSUs to vest 1/16th on each March 5, June 5, September 5, and December 5 annually thereafter.

Footnote F2

Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the vesting of RSUs reported on this Form 4.

Footnote F3

These stock options will vest over four years, with 5/48th to vest on the first monthly anniversary of the grant date and the remainder to vest 1/48th on each monthly anniversary thereafter.

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