Form 4 for FFAI FARADAY FUTURE INTELLIGENT ELECTRIC INC.
Accepted 2024-05-28 00:00:00 ET · period of report 2024-04-15 · accession 0001628280-24-025514 · 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 | 2024-05-28 | 2024-04-15 | FFAI | Sheng Jie | Dir | M - OptEx | — | +14.5K | 15.1K | +2,261% | — |
| D | 2024-05-28 | 2024-04-15 | FFAI | Sheng Jie | Dir | M - OptEx | $0.00 | -14.5K | 0 | -100% | $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 | 2024-04-15 | M | A | 14,493 | — | 15,134 | D | — | — | (F1) Represents restricted stock units ("RSUs") granted to the reporting person on March 31, 2023 (the "Grant Date"). Each RSU represents the right to receive one share of Class A Common Stock of the Company (F2) 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 (the "Common Stock"), which resulted in the reporting person's ownership of issued and outstanding shares of the Common Stock being reduced from 153,816 shares to 1,923 shares. (F3) On March 1, 2024, the issuer effected a one-for-three reverse stock split of all issued and outstanding shares of its Class A common stock (the "Common Stock"), which resulted in the reporting person's ownership of issued and outstanding shares of the Common Stock being reduced from 1,923 shares to 641 shares. |
| 2 | Derivative | Restricted Stock Units | 2024-04-15 | M | D | 14,493 | $0.00 | 0 | D | — · — to — | 14,493 Class A Common Stock | (F5) On March 1, 2024, the issuer effected a one-for-three 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, restricted stock units ("RSU"s) and performance RSUs, resulting in the reporting person's ownership of shares of the unvested RSUs prior to the first aniversary vesting being reduced from 43,478 shares to 14,493 shares. (F1) Represents restricted stock units ("RSUs") granted to the reporting person on March 31, 2023 (the "Grant Date"). Each RSU represents the right to receive one share of Class A Common Stock of the Company (F4) These RSUs vest in full on April 15, 2024. |