Wang Jiawei 4

Accession 0001140361-21-025494

CIK 0001805521other

View on SEC.gov Company Profile

Filed

Jul 22, 8:00 PM ET

Accepted

Jul 23, 4:06 PM ET

Size

28.3 KB

Accession

0001140361-21-025494

Insider Transaction Report

Form 4

Period: 2021-07-21

FARADAY FUTURE INTELLIGENT ELECTRIC INC.FFIE

Wang Jiawei

Global President

Transactions

Award
Stock Option (Right to Buy)
2021-07-21+254,340→ 254,340 total
Exercise: $2.55Exp: 2028-02-01→ Class A Common Stock (254,340 underlying)
Award
Stock Option (Right to Buy)
2021-07-21+197,008→ 197,008 total
Exercise: $2.41Exp: 2030-07-26→ Class A Common Stock (197,008 underlying)
Award
Stock Option (Right to Buy)
2021-07-21+67,823→ 67,823 total
Exercise: $2.41Exp: 2030-07-26→ Class A Common Stock (67,823 underlying)
Award
Stock Option (Right to Buy)
2021-07-21+67,823→ 67,823 total
Exercise: $2.41Exp: 2030-07-26→ Class A Common Stock (67,823 underlying)
Award
Stock Option (Right to Buy)
2021-07-21+127,170→ 127,170 total
Exercise: $2.55Exp: 2028-02-01→ Class A Common Stock (127,170 underlying)
Award
Stock Option (Right to Buy)
2021-07-21+67,824→ 67,824 total
Exercise: $2.41Exp: 2030-07-26→ Class A Common Stock (67,824 underlying)
Award
Stock Option (Right to Buy)
2021-07-21+135,648→ 135,648 total
Exercise: $2.41Exp: 2030-07-26→ Class A Common Stock (135,648 underlying)
Award
Stock Option (Right to Buy)
2021-07-21+494,550→ 494,550 total
Exercise: $2.55Exp: 2028-02-01→ Class A Common Stock (494,550 underlying)
Award
Stock Option (Right to Buy)
2021-07-21+254,340→ 254,340 total
Exercise: $2.55Exp: 2028-02-01→ Class A Common Stock (254,340 underlying)
Award
Stock Option (Right to Buy)
2021-07-21+17,295→ 17,295 total
Exercise: $2.55Exp: 2029-05-30→ Class A Common Stock (17,295 underlying)
Award
Stock Option (Right to Buy)
2021-07-21+4,124→ 4,124 total
Exercise: $2.41From: 2020-03-16Exp: 2030-07-26→ Class A Common Stock (4,124 underlying)

Footnotes (11)

[F1]Pursuant to the Agreement and Plan of Merger, dated January 27, 2021, as amended, by and among Property Solutions Acquisitions Corp. ("PSAC"), PSAC Merger Sub Ltd., and FF Intelligent Mobility Global Holdings Ltd. ("FF") (the "Merger Agreement"), the merger pursuant to which closed on July 21, 2021 ("Closing"), (i) each outstanding share of FF common stock held by the reporting person converted into the right to receive shares of the Issuer's Class A common stock using an exchange ratio of 0.1413 (the "Exchange Ratio"), and (ii) each outstanding and unexercised option to purchase shares of FF common stock converted into an option to purchase shares of the Issuer's common stock, with necessary adjustments to reflect the Exchange Ratio but otherwise the same terms and conditions. On the Closing date, the closing price of the Issuer's common stock was $13.78. Following Closing, the Issuer will be renamed "Faraday Future Intelligent Electric Inc."
[F10]These stock options vest in a series of 48 equal monthly installments starting on June 26, 2022, subject to the reporting person's continued employment through the applicable vesting date.
[F11]These stock options vest in a series of 48 equal monthly installments starting on June 26, 2023, subject to the reporting person's continued employment through the applicable vesting date.
[F2]These stock options vested 25% on December 21, 2015, then in a series of 36 equal monthly installments thereafter.
[F3]These stock options vested in a series of 48 equal monthly installments starting on December 21, 2015.
[F4]These stock options vested in a series of 48 equal monthly installments starting on December 21, 2016.
[F5]These stock options vest in a series of 48 equal monthly installments starting on December 21, 2017, subject to the reporting person's continued employment through the applicable vesting date.
[F6]These stock options vest 25% on March 15, 2020, then in a series of 36 equal monthly installments thereafter, subject to the reporting person's continued employment through the applicable vesting date.
[F7]These stock options vest 25% on March 16, 2021, then in a series of 36 equal monthly installments thereafter, subject to the reporting person's continued employment through the applicable vesting date.
[F8]These stock options vest 25% on June 26, 2021, then in a series of 36 equal monthly installments thereafter, subject to the reporting person's continued employment through the applicable vesting date.
[F9]These stock options vest in a series of 48 equal monthly installments starting on June 26, 2021, subject to the reporting person's continued employment through the applicable vesting date.

Documents

1 file

4
form4.xmlPrimary
FORM 4

Issuer

FARADAY FUTURE INTELLIGENT ELECTRIC INC.

CIK 0001805521

→

Entity typeother

Related Parties

filerCIK 0001872661

Filing Metadata

Form type: 4
Filed: Jul 22, 8:00 PM ET
Accepted: Jul 23, 4:06 PM ET
Size: 28.3 KB

View on SEC.gov