FARADAY FUTURE INTELLIGENT ELECTRIC INC.
For the period ended Jul 31, 2024. Filed Jul 5, 2024.
View on SEC.govAbout this filing
What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
Jul 31, 2024 · Filed Jul 5, 2024
Use the contents to explore the available documents and sections.
Contents
EQUITY COMPENSATION PLAN INFORMATION
The following table sets forth information as of December 31, 2023 regarding the number of shares of our Common Stock that may be issued under the Company’s equity compensation plans. The share numbers and the exercise price of stock options reported in this section have been adjusted to reflect the reverse stock splits effected on August 25, 2023 and February 29, 2024. The Company maintains three equity compensation plans: the 2021 Plan, the Smart King Ltd. Equity Incentive Plan (the “Smart King EIP”), and the Smart King Ltd. Special Talent Incentive Plan (the “Smart King STIP”). The 2021 Plan was approved by the stockholders. The Smart King EIP and Smart King STIP plans existed prior to the Company going public and therefore were not approved by the security holders.
| Plan Category · Numberof Securitiesto be Issuedupon Exerciseof OutstandingOptions,Warrantsand Rights · WeightedAverageExercise Priceof OutstandingOptions,Warrantsand Rights · Numberof SecuritiesRemainingAvailablefor FutureIssuance UnderEquity CompensationPlans (excludingsecurities reflectedin column (a)) | ||||||
|---|---|---|---|---|---|---|
| (a) · (b) · (c) | ||||||
| Equity Compensation Plans Approved By Security Holders: | ||||||
| Faraday Future Intelligent Electric Inc. 2021 Incentive Plan | 147,232 | (1) | 107.82 | (2) | 1,067,189 | (3) |
| Equity Compensation Plans Not Approved by Security Holders: | ||||||
| Smart King Ltd. Equity Incentive Plan | 81,203 | 660.19 | (4) | __ | (5) | |
| Smart King Ltd. Special Talent Incentive Plan | 22,551 | 1505.15 | (4) | __ | (5) | |
| Total | 250,986 | 412.08 | 1,067,189 | |||
(1) Of the shares reported in the table, 110,671 shares were subject to awards of restricted stock units, 31,897 shares were subject to outstanding stock options and 4,664 shares were subject to performance stock units, all under the 2021 Plan.
(2) Represents the weighted-average exercise price of options granted under the 2021 Plan.
(3) All of the securities reported in this column were then available for issuance under the 2021 Plan. Shares available for issuance under the 2021 Plan generally may be used for any type of award authorized under that plan including stock options, stock appreciation rights, restricted stock, restricted stock units and performance shares.
(4) The weighted-average exercise price is calculated without taking into account outstanding awards of stock units.
(5) There are no remaining shares available for issuance under the Smart King EIP and the Smart King STIP.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.