Sheng Jie 4
4 · FARADAY FUTURE INTELLIGENT ELECTRIC INC. · Filed May 28, 2024
Insider Transaction Report
Form 4
Sheng Jie
Director
Transactions
- Exercise/Conversion
Class A Common Stock
2024-04-15+14,493→ 15,134 total - Exercise/Conversion
Restricted Stock Units
2024-04-15−14,493→ 0 total→ Class A Common Stock (14,493 underlying)
Footnotes (5)
- [F1]Represents restricted stock units ("RSUs") granted to the reporting person on March 31, 2023 (the "Grant Date"). Each RSU represents the right to receive one share of Class A Common Stock of the Company
- [F2]On August 28, 2023, the issuer effected a one-for-eighty reverse stock split of all issued and outstanding shares of its Class A common stock (the "Common Stock"), which resulted in the reporting person's ownership of issued and outstanding shares of the Common Stock being reduced from 153,816 shares to 1,923 shares.
- [F3]On March 1, 2024, the issuer effected a one-for-three reverse stock split of all issued and outstanding shares of its Class A common stock (the "Common Stock"), which resulted in the reporting person's ownership of issued and outstanding shares of the Common Stock being reduced from 1,923 shares to 641 shares.
- [F4]These RSUs vest in full on April 15, 2024.
- [F5]On March 1, 2024, the issuer effected a one-for-three reverse stock split of all issued and outstanding shares of its Class A common stock and the related equity awards which include stock options, performance stock options, restricted stock units ("RSU"s) and performance RSUs, resulting in the reporting person's ownership of shares of the unvested RSUs prior to the first aniversary vesting being reduced from 43,478 shares to 14,493 shares.