18 unchanged sentences
Directors, Executive Officers and Corporate Governance.
−Removed: The information required by this Item will be included in the Company’s Proxy Statement to be filed with the SEC within 120 days after December 31, 2023 in connection with the solicitation of proxies for the Company’s 2024 annual meeting of stockholders, and is incorporated herein by reference.
+Added: Certain information required by this Item will be included in the Company’s Proxy Statement to be filed with the SEC within 120 days after December 31, 2024 in connection with the solicitation of proxies for the Company’s 2025 annual meeting of stockholders, and is incorporated herein by reference.
+Added: The Company is committed to promoting high standards of ethical business conduct and compliance with applicable laws, rules and regulations.
+Added: As part of this commitment, we have adopted an Insider Trading Policy that we believe is reasonably designed to promote compliance with insider trading laws, rules and regulations, and any listing standards applicable to the Company.
+Added: Under this policy, directors, officers and other employees and contractors of the Company and its subsidiaries and other persons who may have access to material nonpublic information are prohibited from engaging in certain transactions relating to Company securities.
+Added: The foregoing summary of the Insider Trading Policy does not purport to be complete and is qualified in its entirety by reference to the full text of the Insider Trading Policy attached hereto as Exhibit 19.1.
Executive Compensation.
33 unchanged sentences
8-K 001-39408 December 14, 2021 4.1
+Added: Certificate of Designations of Series A Convertible Preferred Stock of Lucid Group, Inc.
+Added: 8-K 001-39408 March 29, 2024 3.1
+Added: Certificate of Designations of Series B Convertible Preferred Stock of Lucid Group, Inc.
+Added: 8-K 001-39408 August 19, 2024 3.1
Description of Registrant’s Securities
−Removed: 10-K 001-39408 February 28, 2022 4.6
+Added: February 28, 2022 4.6
Form of Indemnification Agreement
10 unchanged sentences
Lucid Group, Inc.
−Removed: Second Amended and Restated 2021 Stock Incentive Plan (including the Lucid Group, Inc.
+Added: Amended and Restated 2021 Stock Incentive Plan (including the Lucid Group, Inc.
2021 Employee Stock Purchase Plan, attached thereto)
−Removed: 8-K 001-39408 April 25, 2023 10.1
Form of Stock Option Agreement under the Second Amended and Restated 2021 Stock Incentive Plan
12 unchanged sentences
8-K 001-39408 June 5, 2023 10.2
+Added: 10.12 Amendment No.
+Added: 3 to the Investor Rights Agreement, dated March 29, 2024, between Lucid Group, Inc., Ayar Third Investment Company and the other parties thereto
+Added: 8-K 001-39408 March 29, 2024 10.1
+Added: 10.13 Amendment No.
+Added: 4 to the Investor Rights Agreement, dated August 16, 2024, between Lucid Group, Inc., Ayar Third Investment Company and the other parties thereto
+Added: 8-K 001-39408 August 19, 2024 10.1
+Added: Amendment No.
+Added: 5 to the Investor Rights Agreement, dated October 16, 2024, between Lucid Group, Inc., Ayar Third Investment Company and the other parties thereto
Form of Subscription Agreement
43 unchanged sentences
S-4/A 333-254543 May 14, 2021 10.24
−Removed: Offer of Employment to Sherry House, dated April 1, 2021
−Removed: S-4/A 333-254543 May 14, 2021 10.25
Offer of Employment to Gagan Dhingra, dated October 29, 2021
1 unchanged sentence
Offer of Employment to Marc Winterhoff, dated November 7, 2023
+Added: 10-K 001-39408 February 27, 2024
Separation Agreement between Lucid Group, Inc.
−Removed: and Sherry House, dated December 11 , 2023
+Added: and Michael Bell, dated May 5 , 2024
+Added: Offer of Employment to Taoufiq Boussaid, dated November 15, 202 4
+Added: Offer of Promotion to Gagan Dhingra, dated January 27, 2025
Loan Agreement, dated as of February 27, 2022, between Lucid LLC and Saudi Industrial Development Fund (English version only)
6 unchanged sentences
8-K 001-39408 June 15, 2022 10.1
+Added: Amendment No.
+Added: 1 to Credit Agreement, dated as of June 7, 2024, between Lucid Group, Inc., as the Borrower Representative, and Bank of America, N.A., as Administrative Agent
+Added: 10-Q 001-39408 August 5, 2024 10.2
+Added: Credit Agreement, dated as of August 4, 2024, between Lucid Group, Inc.
+Added: and Ayar Third Investment Company, as the sole lender and Administrative Agent
+Added: 8-K 001-39408 August 5, 2024 10.2
Facilities Letter, entered into as of April 29, 2022, between Lucid LLC and Gulf International Bank Saudi Arabia (English version only)
8 unchanged sentences
8-K 001-39408 June 5, 2023 10.1
+Added: Subscription Agreement, dated March 24, 2024, between Lucid Group, Inc.
+Added: and Ayar Third Investment Company
+Added: 8-K 001-39408 March 25, 2024 10.1
+Added: Subscription Agreement, dated August 4, 2024, between Lucid Group, Inc.
+Added: and Ayar Third Investment Company
+Added: 8-K 001-39408 August 5, 2024 10.1
+Added: Subscription Agreement, dated October 16, 2024, between Lucid Group, Inc.
+Added: and Ayar Third Investment Company
+Added: 8-K 001-39408 October 18, 2024 10.1
Amendment to the Credit Facility Agreement, entered into on March 12, 2023, between Lucid LLC and Gulf International Bank Saudi Arabia (English version only)
7 unchanged sentences
001-39408 February 28, 2023
−Removed: Production Pricing Agreement, effective as of December 1, 2022, by and between Lucid USA, Inc.
+Added: Production Pricing Agreement, effective as of October 1, 202 4 , by and between Lucid USA, Inc.
and Panasonic Corporation of North America doing business as Panasonic Industrial Devices Sales Company of America
−Removed: 001-39408 February 28, 2023
−Removed: Production Pricing Agreement, effective as of December 1, 2022, by and between Lucid USA, Inc.
+Added: 001-39408 November 7, 2024
+Added: Production Pricing Agreement, effective as of October 1, 2024 , by and between Lucid USA, Inc.
and Panasonic Energy Corporation of North America
−Removed: 001-39408 February 28, 2023
+Added: 001-39408 November 7, 2024
Affiliate Participation Agreement, effective as of December 1, 2022, by and between Panasonic Corporation of North America doing business as Panasonic Industrial Devices Sales Company of America and Lucid USA, Inc.
3 unchanged sentences
Interim Supply Agreement, dated June 26, 2023, by and among Lucid Group Technologies, LLC, Atieva, Inc., and Aston Martin Lagonda Limited.
+Added: February 27, 2024
+Added: Lucid Group, Inc.
+Added: Insider Trading Policy
21.1 List of Significant Subsidiaries of Lucid Group, Inc.
2 unchanged sentences
31.1 Certification of Principal Executive Officer Required Under Rule 13a-14(a) and 15d-14(a) of the Securities Exchange Act of 1934, as amended
−Removed: 31.2 Certification of Princip a l Financial Officer Required Under Rule 13a-14(a) and 15d-14(a) of the Securities Exchange Act of 1934, as amended
−Removed: 32.1 Certification of C hief Executive Officer pursuant to 18 U.S.C.
+Added: 31.2 Certification of Principal Financial Officer Required Under Rule 13a-14(a) and 15d-14(a) of the Securities Exchange Act of 1934, as amended
+Added: 32.1 Certification of Chief Executive Officer pursuant to 18 U.S.C.
Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
3 unchanged sentences
Compensation Recoupment Policy
+Added: 10-K 001-39408 February 27, 2024
101.INS Inline XBRL Instance Document (the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document) X
16 unchanged sentences
February 25, 2025
−Removed: /s/ Peter Rawlinson
−Removed: Peter Rawlinson
−Removed: Chief Executive Officer (Principal Executive Officer)
+Added: /s/ Marc Winterhoff
+Added: Marc Winterhoff
+Added: Interim Chief Executive Officer (Principal Executive Officer)
February 25, 2025
1 unchanged sentence
Gagan Dhingra
−Removed: Interim Chief Financial Officer (Interim Principal Financial Officer and Principal Accounting Officer)
+Added: Interim Chief Financial Officer (Principal Financial Officer and Principal Accounting Officer)
February 25, 2025
17 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.