Form 4 for FFAI FARADAY FUTURE INTELLIGENT ELECTRIC INC.
Accepted 2024-07-17 00:00:00 ET · period of report 2024-07-16 · accession 0001628280-24-032147 · 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 | 2024-07-17 | 2024-07-16 | FFAI | Maroko Jonathan | Interim CFO | F - Tax | $0.52 | -1,980 | 2,851 | -41% | -$1,030 |
| D | 2024-07-17 | 2024-07-16 | FFAI | Maroko Jonathan | Interim CFO | M - OptEx | — | +4,831 | 4,831 | New | — |
| D | 2024-07-17 | 2024-07-16 | FFAI | Maroko Jonathan | Interim CFO | M - OptEx | $0.00 | -4,831 | 14.5K | -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 | 2024-07-16 | F | D | 1,980 | $0.52 | 2,851 | D | — | — | (F2) This forfeiture of shares to satisfy applicable tax withholding does not constitute a sale transaction. These shares were forfeited to satisfy applicable tax withholding in connection with the vesting of RSUs. |
| 2 | Common | Class A Common Stock | 2024-07-16 | M | A | 4,831 | — | 4,831 | D | — | — | (F1) Represents restricted stock units ("RSUs") granted to the reporting person on October 29, 2023. Each RSU represents the right to receive one share of Class A Common Stock of the Company. |
| 3 | Derivative | Restricted Stock Units | 2024-07-16 | M | D | 4,831 | $0.00 | 14,493 | D | — · — to — | 4,831 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, 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 57,971 shares to 19,324 shares. (F1) Represents restricted stock units ("RSUs") granted to the reporting person on October 29, 2023. Each RSU represents the right to receive one share of Class A Common Stock of the Company. (F4) These RSUs vest in four equal installments on each of the first four anniversaries of July 16, 2023. |