4//SEC Filing
Property Solutions Acquisition Sponsor, LLC 4
Accession 0001213900-21-038442
CIK 0001805521other
Filed
Jul 22, 8:00 PM ET
Accepted
Jul 23, 6:03 PM ET
Size
11.6 KB
Accession
0001213900-21-038442
Insider Transaction Report
Form 4
Transactions
- Disposition to Issuer
Class A Common Stock
2021-07-21−1,697,500→ 4,530,312 total - Award
Warrants
2021-07-21+80,000→ 563,420 totalExercise: $11.50From: 2021-08-20Exp: 2026-07-21→ Class A Common Stock (80,000 underlying) - Award
Class A Common Stock
2021-07-21+80,000→ 4,610,312 total
Feldman William Aaron
DirectorCo-Chief Executive Officer10% Owner
Transactions
- Award
Warrants
2021-07-21+80,000→ 563,420 totalExercise: $11.50From: 2021-08-20Exp: 2026-07-21→ Class A Common Stock (80,000 underlying) - Award
Class A Common Stock
2021-07-21+80,000→ 4,610,312 total - Disposition to Issuer
Class A Common Stock
2021-07-21−1,697,500→ 4,530,312 total
Footnotes (4)
- [F1]In connection with the completion of the Issuer's initial business combination, the common stock of Property Solutions Acquisition Corp. was automatically converted into class A common stock of Faraday Future Intelligent Electric Inc. on a one-for-one basis.
- [F2]The shares and warrants are owned directly by Property Solutions Acquisition Sponsor, LLC ("Sponsor"), of which Aaron William Feldman is a managing member. Mr. Feldman disclaims beneficial ownership of the securities held by the Sponsor except to the extent of his pecuniary interests therein.
- [F3]In connection with the completion of the Issuer's initial business combination, 1,697,500 shares of common stock were forfeited by Sponsor for no consideration.
- [F4]80,000 shares and 80,000 warrants were issued to the Sponsor in connection with the conversion of a note payable into such securities for no additional consideration.
Documents
Issuer
FARADAY FUTURE INTELLIGENT ELECTRIC INC.
CIK 0001805521
Entity typeother
Related Parties
1- filerCIK 0001817869
Filing Metadata
- Form type
- 4
- Filed
- Jul 22, 8:00 PM ET
- Accepted
- Jul 23, 6:03 PM ET
- Size
- 11.6 KB