Chui Tin Mok - 03 Dec 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
05 Dec 2024, 21:02:27 UTC
Prior SEC filing
17 Sep 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Chui Tin Mok

Key filing fact

Chui Tin Mok filed Form 4 for FARADAY FUTURE INTELLIGENT ELECTRIC INC. (FFAI) on 05 Dec 2024.

Key facts

  • This page summarizes Chui Tin Mok's Form 4 filing for FARADAY FUTURE INTELLIGENT ELECTRIC INC. (FFAI).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 05 Dec 2024, 21:02.

Change

  • Previous filing in this sequence was filed on 17 Sep 2024.
  • Current net transaction value: -$14,170.

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
+31,965
Change %
+133188%
Price
Shares after
31,989
Date
03 Dec 2024
Ownership
Direct
Footnotes
F1, F2, F3, F4
FFIE transaction

Class A Common Stock

Tax liability

Transaction value
$14,170
Shares
-13,625
Change %
-43%
Price
$1.04
Shares after
18,364
Date
03 Dec 2024
Ownership
Direct
Footnotes
F5

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
-31,965
Change %
-100%
Price
$0.000000
Shares after
0
Date
03 Dec 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
31,965
Exercise price
Footnotes
F1, F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

Represents restricted stock units ("RSUs") granted to the reporting person on September 13, 2024. Each RSU represents the right to receive one share of Class A Common Stock of the Company.

Footnote F2

After the close of market on August 25, 2023, the issuer effected a one-for-eighty reverse stock split of all issued and outstanding shares of its Class A common stock (the "Common Stock"), which resulted in the reporting person's ownership of issued and outstanding shares of the Common Stock being reduced from 223,169 shares to 2,793 shares.

Footnote F3

After the close of market on February 29, 2024, the issuer effected a one-for-three reverse stock split of all issued and outstanding shares of its Class A common stock (the "Common Stock"), which resulted in the reporting person's ownership of issued and outstanding shares of the Common Stock being reduced from 2,793 shares to 933 shares.

Footnote F4

After the close of market on August 16, 2024, the issuer effected a one-for-forty reverse stock split of all issued and outstanding shares of its Class A common stock (the "Common Stock"), which resulted in the reporting person's ownership of issued and outstanding shares of the Common Stock being reduced from 933 shares to 24 shares.

Footnote F5

Pursuant to the applicable award agreement underlying the related RSUs, shares of Class A Common Stock were sold by the Issuer to cover estimated taxes in connection with the RSUs' vesting. This sale price represents the weighted average sale price of the shares sold, ranging from $1.02 to $1.08 per share. The reporting person undertakes, upon request, to provide to the Staff, the Issuer, or any security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Footnote F6

These RSUs vested in full on December 3, 2024.

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