Lucid director granted new RSU awards
Lambert Lisa Marie reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Lambert Lisa Marie reported acquisition or exercise transactions in this Form 4 filing.
Lucid Group director Lisa Marie Lambert reported stock-based compensation rather than open-market buying. She received two awards of Class A Common Stock totaling 2,924 and 43,870 restricted stock units (RSUs) at no cash cost. One RSU grant vests on the earlier of one year after grant or the next annual stockholder meeting, subject to continued board service, and may be deferred to a later settlement date. A separate RSU grant vested in full on the grant date in connection with past service, bringing her direct holdings to about 71,919 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 43,870 | $0.00 | $0.00 |
| Grant/Award | Class A Common Stock | 2,924 | $0.00 | $0.00 |
Footnotes (3)
- F1. 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. The RSUs are also subject to a deferral election by the reporting person and shares will not be issued until the designated deferred settlement date.
- F2. RSUs are settled in shares of Class A Common Stock on a one-for-one basis.
- F3. These RSUs vest in full on the date of the grant in connection with past service.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
deferral election financial
annual meeting of stockholders financial
FAQ
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What insider transaction did Lucid Group (LCID) report for Lisa Marie Lambert?
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Can Lisa Marie Lambert defer settlement of her Lucid (LCID) RSUs?
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