Bach Eric 4
4 · Lucid Group, Inc. · Filed Sep 12, 2023
Insider Transaction Report
Form 4
Bach Eric
SVP, Product & Chief Engineer
Transactions
- Tax Payment
Class A Common Stock
2023-09-10$5.84/sh−28,836$168,402→ 2,000,956 total - Award
Class A Common Stock
2023-09-10+408,663→ 2,029,792 total - Award
Employee Stock Option (right to buy)
2023-09-10+408,663→ 408,663 totalExercise: $8.26Exp: 2030-09-10→ Common Stock (408,663 underlying)
Footnotes (3)
- [F1]These restricted stock units ("RSUs") vest over four years, with 1/8th vesting on the grant date and the remainder of the RSUs to vest 1/16th on each March 5, June 5, September 5, and December 5 annually thereafter.
- [F2]Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the vesting of RSUs reported on this Form 4.
- [F3]These stock options will vest over four years, with 5/48th to vest on the first monthly anniversary of the grant date and the remainder to vest 1/48th on each monthly anniversary thereafter.