Form 4 for LCID Lucid Group, Inc.

Accepted 2021-07-27 00:00:00 ET · period of report 2021-07-23 · accession 0001567619-21-014047 · 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
	2021-07-27	2021-07-23	LCID	Alnowaiser Turqi A.	Dir, 10%	A - Grant	$0.00	+2.07M	2.07M	New	$0

Purchase Sale Sale after option exercise All abbreviations

#	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	2,070,138	$0.00	2,070,138	D	—	—	(F1) Represents shares of Class A Common Stock that were issued to the Reporting Person in exchange for shares of common stock of Atieva, Inc., d/b/a Lucid Motors ("Lucid") held by the Reporting Person upon the closing of the business combination transaction pursuant to the Agreement and Plan of Merger, dated February 22, 2021, by and among Churchill Capital Corp IV ("Churchill"), Air Merger Sub, Inc., a direct, wholly-owned subsidiary of Churchill and Lucid. (F2) The Reporting Person is deemed a beneficial owner of 10% of issued and outstanding shares of Class A Common Stock of the Issuer because the Reporting Person has voting power over 1,015,252,523 shares of Class A Common Stock (the "Ayar Shares") beneficially owned by Ayar Third Investment Company ("Ayar"), a wholly-owned subsidiary of The Public Investment Fund ("PIF"), pursuant to authority delegated to him by the sole manager of Ayar. The Reporting Person does not have and disclaims any pecuniary interest in such Ayar Shares.