4//SEC Filing
Ayar Third Investment Co 4
Accession 0001567619-21-014049
CIK 0001811210other
Filed
Jul 26, 8:00 PM ET
Accepted
Jul 27, 5:43 PM ET
Size
6.0 KB
Accession
0001567619-21-014049
Insider Transaction Report
Form 4
Ayar Third Investment Co
Director10% Owner
Transactions
- Award
Class A Common Stock
2021-07-23+1,015,252,523→ 1,015,252,523 total
Footnotes (2)
- [F1]Represents shares of Class A Common Stock ("Shares") that were issued to Ayar Third Investment Company ("Ayar") in exchange for shares of common stock of Atieva, Inc., d/b/a Lucid Motors ("Lucid") held by Ayar upon the closing of the business combination transaction pursuant to the Agreement and Plan of Merger, dated February 22, 2021, by and among Churchill Capital Corp IV ("Churchill"), Air Merger Sub, Inc., a direct, wholly-owned subsidiary of Churchill and Lucid. Ayar is a wholly-owned subsidiary of The Public Investment Fund of Saudi Arabia ("PIF"), and as such PIF may be deemed to beneficially own the Shares held by Ayar. In addition, H.E. Yasir O. Al Rumayyan is the Governor of PIF and the sole manager of Ayar and may be deemed to beneficially own the Shares by virtue of his power to vote the Shares.
- [F2]Ayar may be deemed a director by deputization, as Turqi A. Alnowaiser, an employee of PIF, serves as a representative of Ayar on the Board of Directors of the Issuer.
Documents
Issuer
Lucid Group, Inc.
CIK 0001811210
Entity typeother
IncorporatedSaudi Arabia
Related Parties
1- filerCIK 0001874832
Filing Metadata
- Form type
- 4
- Filed
- Jul 26, 8:00 PM ET
- Accepted
- Jul 27, 5:43 PM ET
- Size
- 6.0 KB