Form 4 for FFAI FARADAY FUTURE INTELLIGENT ELECTRIC INC.
Accepted 2023-11-30 00:00:00 ET · period of report 2023-11-28 · accession 0001628280-23-040344 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-11-30 | 2023-11-28 | FFAI | Chen Xuefeng | China Chief Exec. Off | F - Tax | $0.44 | -251 | 473 | -35% | -$110.44 |
| D | 2023-11-30 | 2023-11-28 | FFAI | Chen Xuefeng | China Chief Exec. Off | M - OptEx | — | +724 | 724 | New | — |
| D | 2023-11-30 | 2023-11-28 | FFAI | Chen Xuefeng | China Chief Exec. Off | M - OptEx | $0.00 | -724 | 2,170 | -25% | $0 |
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 | 2023-11-28 | F | D | 251 | $0.44 | 473 | D | — | — | |
| 2 | Common | Class A Common Stock | 2023-11-28 | M | A | 724 | — | 724 | D | — | — | (F1) Represents restricted stock units ("RSUs") granted to the reporting person on February 3, 2023. Each RSU represents the right to receive one share of Class A Common Stock of the Company. |
| 3 | Derivative | Restricted Stock Units | 2023-11-28 | M | D | 724 | $0.00 | 2,170 | D | — · — to — | 724 Class A Common Stock | (F3) On August 28, 2023, the issuer effected a one-for-eighty reverse stock split of all issued and outstanding shares of its Class A common stock and the related equity awards which include stock options, performance stock options, RSUs and performance RSUs, resulting in the reporting person's ownership of shares of the unvested RSUs prior to the first anniversary vesting being reduced from 231,481 shares to 2,894 shares. (F1) Represents restricted stock units ("RSUs") granted to the reporting person on February 3, 2023. Each RSU represents the right to receive one share of Class A Common Stock of the Company. (F2) 724 RSUs vested on November 28, 2023 and the remaining 2,170 RSUs will vest in three equal installments on November 28, 2024, November 28, 2025 and November 28, 2026. |