Form 4 for FFAI FARADAY FUTURE INTELLIGENT ELECTRIC INC.
Accepted 2024-05-28 00:00:00 ET · period of report 2024-04-15 · accession 0001628280-24-025522 · 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 | Peker Lev | Dir | M - OptEx | — | +10.1K | 10.1K | New | — |
| D | 2024-05-28 | 2024-04-15 | FFAI | Peker Lev | Dir | M - OptEx | $0.00 | -10.1K | 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 | 10,125 | — | 10,125 | D | — | — | (F1) Represents restricted stock units ("RSUs") granted to the reporting person on October 17, 2023 (the "Grant Date"). Each RSU represents the right to receive one share of Class A Common Stock of the Company |
| 2 | Derivative | Restricted Stock Units | 2024-04-15 | M | D | 10,125 | $0.00 | 0 | D | — · — to — | 10,125 Class A Common Stock | (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 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 30,375 shares to 10,125 shares. (F1) Represents restricted stock units ("RSUs") granted to the reporting person on October 17, 2023 (the "Grant Date"). Each RSU represents the right to receive one share of Class A Common Stock of the Company (F2) These RSUs vested in full on April 15, 2024 |