Form 4 for LCID Lucid Group, Inc.
Accepted 2021-07-27 00:00:00 ET · period of report 2021-07-23 · accession 0000950103-21-011280 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2021-07-27 | 2021-07-23 | LCID | Bell Michael | SVP, Digital | A - Grant | — | +1.42M | 100.4K | New | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2021-07-23 | A | A | 1,322,000 | — | 1,422,364 | D | — | — | (F2) Represents restricted stock units ("RSUs") received in exchange for 500,000 RSUs of Lucid in connection with the Merger. 25% of the RSUs will vest on August 2022 with the remaining 75% of the RSUs vesting in twelve equal quarterly installments through June 2025 subject to continued employment through each applicable vesting date. |
| 2 | Common | Class A Common Stock | 2021-07-23 | A | A | 100,364 | — | 100,364 | D | — | — | (F1) Received in exchange for 37,959 shares of common stock of Atieva, Inc., d/b/a Lucid Motors ("Lucid") in connection with the merger by and among Churchill Capital Corp IV, Atieva, Inc., d/b/a Lucid Motors and Air Merger Sub, Inc. (the "Merger"). |