Public Investment Fund's Form 4 filing
Lucid Group, Inc. (LCID) · filed Dec 27, 2022
- Accession no.
- 0001567619-22-022053
- Filed
- Dec 27, 2022, 9:34 PM ET
- Trade date
- Dec 22, 2022
- Filing delay
- 5 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 1 non-derivative transaction. Open-market purchases total $915.0M. It was filed 5 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Public Investment FundCIK 0001767640 | Director, 10% Owner |
| Ayar Third Investment CoCIK 0001874832 | Director, 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Dec 22, 2022 | Class A Common Stock | PPurchaseAcquired | +85,712,679 | $10.68F2 | +$914,999,990.86 | 1,100,965,202 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F2
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.
Referenced by the price of 1 transaction in Table I.
Remarks
PIF may be deemed a director by deputization, as Turqi A. Alnowaiser, an employee of PIF, serves as a representative of Ayar on the Board of Directors of the Issuer.