Alnowaiser Turqi A. 4
4 · Lucid Group, Inc. · Filed Jul 25, 2024
Insider Transaction Report
Form 4
Alnowaiser Turqi A.
Director10% Owner
Transactions
- Tax Payment
Class A Common Stock
2024-07-23$3.59/sh−534$1,917→ 2,214,092 total
Footnotes (2)
- [F1]Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the time-based vesting of restricted stock units reported on a Form 4 filed on October 27, 2021.
- [F2]The reporting person is deemed a beneficial owner of 10% of issued and outstanding shares of Class A Common Stock of the Issuer (the "Class A Common Stock") because the reporting person has voting power over 1,659,315,920 shares of Class A Common Stock (the "Ayar Shares") beneficially owned by Ayar Third Investment Company ("Ayar"), a wholly-owned subsidiary of The Public Investment Fund, pursuant to authority delegated to him by the sole manager of Ayar, which Ayar Shares include shares of Class A Common Stock issuable upon conversion of 100,000 shares of Series A Convertible Preferred Stock of the Issuer held by Ayar. The reporting person does not have and disclaims any pecuniary interest in such Ayar Shares.