Chen Chad 4
4 · FARADAY FUTURE INTELLIGENT ELECTRIC INC. · Filed May 28, 2024
Insider Transaction Report
Form 4
Chen Chad
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2024-04-15−14,493→ 0 total→ Class A Common Stock (14,493 underlying) - Exercise/Conversion
Class A Common Stock
2024-04-15+14,493→ 15,389 total
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 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 2,686 shares to 896 shares.
- [F3]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 214,873 shares to 2,686 shares.
- [F4]These RSUs will 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.