Turqi A. Alnowaiser - 04 Jun 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
Issuer symbol: LCID
Transactions as of: 04 Jun 2025
Net transactions value: -$10,891
Form type: 4
Filing time: 06 Jun 2025, 16:32:33 UTC
Previous filing: 06 May 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	06 Jun 2025	0001873801

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LCID	Class A Common Stock	Tax liability	$10,891	-4,973	-0.22%	$2.19	2,209,119	04 Jun 2025	Direct	F1, F2
transaction	LCID	Class A Common Stock	Award	$0	+108,713	+4.9%	$0.000000	2,317,832	05 Jun 2025	Direct	F2, F3, F4
transaction	LCID	Class A Common Stock	Award	$0	+6,442	+0.28%	$0.000000	2,324,274	05 Jun 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.