Gagan Dhingra - 05 Dec 2024 Form 4 Insider Report for Lucid Group, Inc. (LCID)

Role
VP of Acctng & Internal Ctrl*
Signature
/s/ Bruce Wang, as attorney-in-fact for Gagan Dhingra
Issuer symbol
LCID
Transactions as of
05 Dec 2024
Net transactions value
-$116,500
Form type
4
Filing time
09 Dec 2024, 17:06:35 UTC
Previous filing
17 Sep 2024
Next filing
27 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LCID Class A Common Stock Tax liability $116,500 -55,476 -7.9% $2.10 645,721 05 Dec 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the settlement of performance stock units ("PSUs") for which service-based vesting requirements have been satisfied and the time-based vesting of restricted stock units ("RSUs"). The acquisition of such PSUs and RSUs has previously been reported on Forms 4 filed by the reporting person.

Remarks:

*Mr. Dhingra also serves as Interim Chief Financial Officer and Principal Financial Officer.