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Lucid Group, Inc. — Director's Dealing 2021
Jul 27, 2021
30784_dirs_2021-07-27_ae476e1b-2187-405f-b72d-4e180de3e80f.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Lucid Group, Inc. (LCID)
CIK: 0001811210
Period of Report: 2021-07-23
Reporting Person: Bell Michael (Senior Vice President, Digital)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-07-23 | Class A Common Stock | A | 100364 | — | Acquired | 100364 | Direct |
| 2021-07-23 | Class A Common Stock | A | 1322000 | — | Acquired | 1422364 | Direct |
Footnotes
F1: Received in exchange for 37,959 shares of common stock of Atieva, Inc., d/b/a Lucid Motors ("Lucid") in connection with the merger by and among Churchill Capital Corp IV, Atieva, Inc., d/b/a Lucid Motors and Air Merger Sub, Inc. (the "Merger").
F2: Represents restricted stock units ("RSUs") received in exchange for 500,000 RSUs of Lucid in connection with the Merger. 25% of the RSUs will vest on August 2022 with the remaining 75% of the RSUs vesting in twelve equal quarterly installments through June 2025 subject to continued employment through each applicable vesting date.