Meka Koti Reddy 4
4 · FARADAY FUTURE INTELLIGENT ELECTRIC INC. · Filed Dec 5, 2024
Insider Transaction Report
Form 4
Meka Koti Reddy
Chief Financial Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2024-12-03−10,501→ 0 total→ Class A Common Stock (10,501 underlying) - Tax Payment
Class A Common Stock
2024-12-03$1.04/sh−4,672$4,859→ 5,839 total - Exercise/Conversion
Class A Common Stock
2024-12-03+10,501→ 10,511 total
Footnotes (3)
- [F1]Represents restricted stock units ("RSUs") granted to the reporting person on September 13, 2024. Each RSU represents the right to receive one share of Class A Common Stock of the Company.
- [F2]Pursuant to the applicable award agreement underlying the related RSUs, shares of Class A Common Stock were sold by the Issuer to cover estimated taxes in connection with the RSUs' vesting. This sale price represents the weighted average sale price of the shares sold, ranging from $1.02 to $1.08 per share. The reporting person undertakes, upon request, to provide to the Staff, the Issuer, or any security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F3]These RSUs vested in full on December 3, 2024.