Lucid Group, Inc. — Director's Dealing 2023

Apr 27, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Lucid Group, Inc. (LCID)
CIK: 0001811210
Period of Report: 2023-04-24

Reporting Person: AUGUST GLENN R (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-04-24	Class A Common Stock	A	32258	—	Acquired	53289	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	7000000	Indirect

Footnotes

F1: These restricted stock units ("RSUs") will vest in full on the earlier of (i) the one-year anniversary of the date of grant and (ii) the date of the next annual meeting of stockholders held after the date of grant, in each case, subject to the reporting person's continued service on the board of directors through the applicable vesting date. The RSUs are also subject to a deferral election by the reporting person and shares will not be issued until the designated deferred settlement date.

F2: Interests shown consist of 7,000,000 shares of Common Stock held by OHA Partner Global Co-Investment III, LLP ("OHA PGCI3"). Mr. August has investment control over OHA PGCI3 and may be deemed to be a beneficial owner of such shares held by OHA PGCI3. The shares of Common Stock held by OHA PGCI3 were received as part of a distribution from Churchill Sponsor IV LLC applying equally to all securities of a class in January 2023 and Mr. August disclaims beneficial ownership of such shares other than to the extent of his pecuniary interest therein.