Filing Details

Accession Number:
0001567619-22-022053
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-12-27 21:34:20
Reporting Period:
2022-12-22
Accepted Time:
2022-12-27 21:34:20
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1811210 Lucid Group Inc. LCID () T0
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1767640 Fund Investment Public 3884 Prince Turki Ibn Abdul Aziz
Al-Awal Road
Riyadh T0 11452
Yes No Yes No
1874832 Ayar Third Investment Co C/O The Public Investment Fund
P.o. Box 6847
Riyadh T0 11452
Yes No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2022-12-22 85,712,679 $10.68 1,100,965,202 No 4 P Indirect By Ayar Third Investment Company
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By Ayar Third Investment Company
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 8,041,393 Direct
Footnotes
  1. Purchased pursuant to the Subscription Agreement, dated November 8, 2022 between the Issuer and Ayar Third Investment Company ("Ayar") related to the equity distribution agreement, dated November 8, 2022 (the "Equity Distribution Agreement"), by and among the Issuer, on the one hand, and Barclays Capital Inc., BofA Securities, Inc. and Citigroup Global Markets Inc. on the other hand pursuant to which the Issuer could sell up to an aggregate of $600 million of its Class A Common Stock.
  2. The price per share is equal to the volume-weighted average price to the public of the shares that the Issuer actually sold pursuant to the Equity Distribution Agreement during the quarter.
  3. Ayar is a wholly-owned subsidiary of The Public Investment Fund of Saudi Arabia ("PIF"), and as such PIF may be deemed to beneficially own the Shares held by Ayar. In addition, H.E. Yasir O. Al Rumayyan is the Governor of PIF and the sole manager of Ayar and may be deemed to beneficially own the Shares by virtue of his power to vote the Shares.