Lucid director granted 43,870 RSUs
Lucid Group, Inc. director Ori Winitzer reported an equity compensation grant.
Rhea-AI Filing Summary
Lucid Group, Inc. director Ori Winitzer reported an equity compensation grant. He acquired 43,870 restricted stock units (RSUs) tied to Class A Common Stock at no cash cost, bringing his direct holdings to 68,263 shares after the award.
The RSUs vest in full on the earlier of the one-year anniversary of the grant date or the next annual meeting of stockholders, subject to his continued service on the board through that vesting date. Each RSU will be settled in one share of Class A Common Stock, and settlement can be deferred under a deferral election made by Winitzer.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 43,870 | $0.00 | $0.00 |
Footnotes (2)
- 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.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
deferral election financial
annual meeting of stockholders financial
Class A Common Stock financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Lucid Group (LCID) director Ori Winitzer report?
What are the vesting terms of Ori Winitzer’s 43,870 Lucid RSUs?
How are Lucid Group (LCID) RSUs for Ori Winitzer settled?
Did Ori Winitzer pay cash for the 43,870 Lucid RSUs reported on Form 4?
Is Ori Winitzer’s Lucid RSU grant a market buy or sell of LCID stock?
AI-generated analysis. How Rhea-AI works. Not financial advice.