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
- 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.
- 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.
- 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.