Form 4 for LCID Lucid Group, Inc.

Accepted 2021-07-27 00:00:00 ET · period of report 2021-07-23 · accession 0001567619-21-014049 · 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	Ayar Third Investment Co	Dir, 10%	A - Grant	$0.00	+1.02B	1.02B	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	1,015,252,523	$0.00	1,015,252,523	D	—	—	(F1) Represents shares of Class A Common Stock ("Shares") that were issued to Ayar Third Investment Company ("Ayar") in exchange for shares of common stock of Atieva, Inc., d/b/a Lucid Motors ("Lucid") held by Ayar 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. Ayar is a wholly-owned subsidiary of The Public Investment Fund of Saudi Arabia ("PIF"), and as such PIF may be deemed to beneficially own the Shares held by Ayar. In addition, H.E. Yasir O. Al Rumayyan is the Governor of PIF and the sole manager of Ayar and may be deemed to beneficially own the Shares by virtue of his power to vote the Shares. (F2) Ayar may be deemed a director by deputization, as Turqi A. Alnowaiser, an employee of PIF, serves as a representative of Ayar on the Board of Directors of the Issuer.