Form 4 for FFAI FARADAY FUTURE INTELLIGENT ELECTRIC INC.
Accepted 2021-07-23 00:00:00 ET · period of report 2021-07-21 · accession 0001213900-21-038440 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2021-07-23 | 2021-07-21 | FFAI | Vogel Jordan | Dir | A - Grant | — | +80.0K | 4.61M | +2% | — |
| DI | 2021-07-23 | 2021-07-21 | FFAI | Vogel Jordan | Dir | D - Sale to Iss | — | -1.70M | 4.53M | -27% | — |
| DI | 2021-07-23 | 2021-07-21 | FFAI | Vogel Jordan | Dir | A - Grant | — | +80.0K | 563.4K | +17% | — |
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 | 2021-07-21 | A | A | 80,000 | — | 4,610,312 | I See footnote | — | — | (F1) In connection with the completion of the Issuer's initial business combination, the common stock of Property Solutions Acquisition Corp. was automatically converted into class A common stock of Faraday Future Intelligent Electric Inc. on a one-for-one basis. (F4) 80,000 shares and 80,000 warrants were issued to the Sponsor in connection with the conversion of a note payable into such securities for no additional consideration. (F2) The shares and warrants are owned directly by Property Solutions Acquisition Sponsor, LLC ("Sponsor"), of which Jordan Vogel is a managing member. Mr. Vogel disclaims beneficial ownership of the securities held by the Sponsor except to the extent of his pecuniary interests therein. |
| 2 | Common | Class A Common Stock | 2021-07-21 | D | D | 1,697,500 | — | 4,530,312 | I See footnote | — | — | (F1) In connection with the completion of the Issuer's initial business combination, the common stock of Property Solutions Acquisition Corp. was automatically converted into class A common stock of Faraday Future Intelligent Electric Inc. on a one-for-one basis. (F3) In connection with the completion of the Issuer's initial business combination, 1,697,500 shares of common stock were forfeited by Sponsor for no consideration. (F2) The shares and warrants are owned directly by Property Solutions Acquisition Sponsor, LLC ("Sponsor"), of which Jordan Vogel is a managing member. Mr. Vogel disclaims beneficial ownership of the securities held by the Sponsor except to the extent of his pecuniary interests therein. |
| 3 | Derivative | Warrants | 2021-07-21 | A | A | 80,000 | — | 563,420 | I See footnote | $11.50 · 2021-08-20 to 2026-07-21 | 80,000 Class A Common Stock | (F4) 80,000 shares and 80,000 warrants were issued to the Sponsor in connection with the conversion of a note payable into such securities for no additional consideration. (F2) The shares and warrants are owned directly by Property Solutions Acquisition Sponsor, LLC ("Sponsor"), of which Jordan Vogel is a managing member. Mr. Vogel disclaims beneficial ownership of the securities held by the Sponsor except to the extent of his pecuniary interests therein. |