Form 4 for LCID Lucid Group, Inc.
Accepted 2026-04-17 16:12:45 ET · period of report 2026-04-15 · accession 0001628280-26-025745 · 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 | 2026-04-17 16:12 | 2026-04-15 | LCID | Napoli Silvio | Dir | A - Grant | $0.00 | +402.1K | 402.1K | New | $0 |
| D | 2026-04-17 16:12 | 2026-04-15 | LCID | Napoli Silvio | Dir | A - Grant | $0.00 | +1.00M | 0 | New | $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 | 2026-04-15 | A | A | 402,073 | $0.00 | 402,073 | D | — | — | (F1) Represents restricted stock units that will vest over four years, with 1/4th vesting on June 5, 2027 and 1/16th vesting quarterly thereafter in twelve installments, on each March 5, June 5, September 5, and December 5 of each calendar year that occurs following June 5, 2027, subject to the reporting person's continued employment with the Issuer or its subsidiary through each vesting date. |
| 2 | Derivative | Employee Stock Option (right to buy) | 2026-04-15 | A | A | 1,000,000 | $0.00 | 0 | D | $8.21 · — to 2036-04-15 | 1,000,000 Class A Common Stock | (F2) Represents performance-based stock options that are divided into five tranches and subject to both time-based and performance-based vesting conditions. A given tranche vests upon the later of (x) the tranche's time-based vesting date (which is April 15, 2028 for tranche 1, April 15, 2029 for tranches 2 and 3 and April 15, 2030 for tranches 4 and 5) and (y) certification of achievement of the market capitalization performance hurdle applicable to the tranche ($5.0 billion, $7.5 billion, $10.0 billion, $12.5 billion, and $17.5 billion for tranches 1,2,3,4, and 5 respectively, calculated in accordance with the reporting person's stock option agreement), in each case, subject to the reporting person's continued employment with the Issuer or its subsidiary through each vesting date. |