<SEC-DOCUMENT>0000929638-24-001449.txt : 20240411
<SEC-HEADER>0000929638-24-001449.hdr.sgml : 20240411
<ACCEPTANCE-DATETIME>20240411174307
ACCESSION NUMBER:		0000929638-24-001449
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20240409
FILED AS OF DATE:		20240411
DATE AS OF CHANGE:		20240411

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Bach Eric
		CENTRAL INDEX KEY:			0001872817
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-39408
		FILM NUMBER:		24839519

	MAIL ADDRESS:	
		STREET 1:		7373 GATEWAY BLVD,
		CITY:			NEWARK
		STATE:			CA
		ZIP:			94560

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Lucid Group, Inc.
		CENTRAL INDEX KEY:			0001811210
		STANDARD INDUSTRIAL CLASSIFICATION:	MOTOR VEHICLES & PASSENGER CAR BODIES [3711]
		ORGANIZATION NAME:           	04 Manufacturing
		IRS NUMBER:				850891392
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		7373 GATEWAY BLVD.
		CITY:			NEWARK
		STATE:			CA
		ZIP:			94560
		BUSINESS PHONE:		(510) 648-3553

	MAIL ADDRESS:	
		STREET 1:		7373 GATEWAY BLVD.
		CITY:			NEWARK
		STATE:			CA
		ZIP:			94560

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Churchill Capital Corp IV
		DATE OF NAME CHANGE:	20200714

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Annetta Acquisition Corp
		DATE OF NAME CHANGE:	20200504
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>form4.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0508</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2024-04-09</periodOfReport>

    <issuer>
        <issuerCik>0001811210</issuerCik>
        <issuerName>Lucid Group, Inc.</issuerName>
        <issuerTradingSymbol>LCID</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001872817</rptOwnerCik>
            <rptOwnerName>Bach Eric</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O LUCID GROUP, INC.</rptOwnerStreet1>
            <rptOwnerStreet2>7373 GATEWAY BOULEVARD</rptOwnerStreet2>
            <rptOwnerCity>NEWARK</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>94560</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isOfficer>true</isOfficer>
            <officerTitle>SVP, Product &amp; Chief Engineer</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <aff10b5One>false</aff10b5One>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Class A Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2024-04-09</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>343380</value>
                    <footnoteId id="F1"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                    <footnoteId id="F2"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>2248904</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Class A Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2024-04-09</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>F</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>65873</value>
                    <footnoteId id="F3"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>2.64</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>2183031</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Represents performance stock units (&quot;PSUs&quot;) as to which the performance criteria have been satisfied. Of the PSUs reported in this Form 4, 228,919 remain subject to service-based vesting requirements that will vest in 1/12th increments on each June 5, September 5, December 5 and March 5 following the date of this Form 4.</footnote>
        <footnote id="F2">PSUs are settled in shares of common stock on a one-for-one basis.</footnote>
        <footnote id="F3">Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the settlement of the PSUs reported above for which service-based vesting requirements have been satisfied.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Benjamin Uy, as attorney-in-fact for Eric Bach</signatureName>
        <signatureDate>2024-04-11</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
