Jonathan Maroko - 16 Jul 2024 Form 4 Insider Report for FARADAY FUTURE INTELLIGENT ELECTRIC INC. (FFAI)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
17 Jul 2024, 20:44:52 UTC
Prior SEC filing
31 Oct 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Jonathan Maroko

Key filing fact

Jonathan Maroko filed Form 4 for FARADAY FUTURE INTELLIGENT ELECTRIC INC. (FFAI) on 17 Jul 2024.

Key facts

  • This page summarizes Jonathan Maroko's Form 4 filing for FARADAY FUTURE INTELLIGENT ELECTRIC INC. (FFAI).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 17 Jul 2024, 20:44.

Change

  • Previous filing in this sequence was filed on 31 Oct 2023.
  • Current net transaction value: -$1,020.

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

Options Exercise

Transaction value
Shares
+4,831
Change %
Price
Shares after
4,831
Date
16 Jul 2024
Ownership
Direct
Footnotes
F1
FFIE transaction

Class A Common Stock

Tax liability

Transaction value
$1,020
Shares
-1,980
Change %
-41%
Price
$0.5152
Shares after
2,851
Date
16 Jul 2024
Ownership
Direct
Footnotes
F2

Reported derivative securities

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

FFIE transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-4,831
Change %
-25%
Price
$0.000000
Shares after
14,493
Date
16 Jul 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
4,831
Exercise price
Footnotes
F1, F3, 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

Represents restricted stock units ("RSUs") granted to the reporting person on October 29, 2023. Each RSU represents the right to receive one share of Class A Common Stock of the Company.

Footnote F2

This forfeiture of shares to satisfy applicable tax withholding does not constitute a sale transaction. These shares were forfeited to satisfy applicable tax withholding in connection with the vesting of RSUs.

Footnote F3

On March 1, 2024, the issuer effected a one-for-three reverse stock split of all issued and outstanding shares of its Class A common stock and the related equity awards which include stock options, performance stock options, RSUs and performance RSUs, resulting in the reporting person's ownership of shares of the unvested RSUs prior to the first anniversary vesting being reduced from 57,971 shares to 19,324 shares.

Footnote F4

These RSUs vest in four equal installments on each of the first four anniversaries of July 16, 2023.

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