Turqi A. Alnowaiser - Jun 4, 2025 Form 4 Insider Report for Lucid Group, Inc. (LCID)

Role
Director, 10%+ Owner
Signature
/s/ Bruce Wang, as attorney-in-fact for Turqi A. Alnowaiser
Stock symbol
LCID
Transactions as of
Jun 4, 2025
Transactions value $
-$10,891
Form type
4
Date filed
6/6/2025, 04:32 PM
Previous filing
May 6, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Alnowaiser Turqi A. Director, 10%+ Owner C/O LUCID GROUP, INC., 7373 GATEWAY BOULEVARD, NEWARK /s/ Bruce Wang, as attorney-in-fact for Turqi A. Alnowaiser 2025-06-06 0001873801

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LCID Class A Common Stock Tax liability -$10.9K -4.97K -0.22% $2.19 2.21M Jun 4, 2025 Direct F1, F2
transaction LCID Class A Common Stock Award $0 +109K +4.92% $0.00 2.32M Jun 5, 2025 Direct F2, F3, F4
transaction LCID Class A Common Stock Award $0 +6.44K +0.28% $0.00 2.32M Jun 5, 2025 Direct F2, F4, F5
* 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 vesting of restricted stock units previously reported on Form 4s filed by the reporting person.
F2 The reporting person is deemed a beneficial owner of 10% of the issued and outstanding shares of Class A Common Stock of the Issuer because the reporting person has voting power over 2,248,197,909 shares of Class A Common Stock (the "Ayar Shares") beneficially owned by Ayar Third Investment Company ("Ayar"), a wholly-owned subsidiary of The Public Investment Fund ("PIF"), pursuant to authority delegated to him as a co-manager of Ayar, as reported on the Schedule 13D/A filed with the Securities and Exchange Commission on April 10, 2025, by the PIF. The reporting person does not have, and disclaims, any pecuniary interest in such Ayar Shares.
F3 These restricted stock units ("RSUs") will vest in full on the earlier of (i) the one-year anniversary of the date of grant or (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.
F4 RSUs are settled in shares of Class A Common Stock on a one-for-one basis.
F5 These RSUs vest in full on the date of the grant in connection with past service.