SEC FORM 3 SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
 
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1. Name and Address of Reporting Person*
Meka Koti Reddy

(Last) (First) (Middle)
C/O FARADAY FUTURE INTELLIGENT ELECTRIC
18455 S. FIGUEROA STREET

(Street)
GARDENA CA 90248

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
09/23/2024
3. Issuer Name and Ticker or Trading Symbol
FARADAY FUTURE INTELLIGENT ELECTRIC INC. [ FFIE ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
checkbox checked Officer (give title below) Other (specify below)
Chief Financial Officer
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
checkbox checked Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Common Stock 10 D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options (Right to Buy) (1) 05/20/2026 Class A Common Stock 1 1,358.8128 D
Stock Options (Right to Buy) (2) 05/30/2029 Class A Common Stock 1 24,458.6016 D
Stock Options (Right to Buy) (3) 12/16/2030 Class A Common Stock 3 23,099.7888 D
Stock Options (Right to Buy) (4) 04/28/2031 Class A Common Stock 2 76,297.2384 D
Stock Options (Right to Buy) (5) 09/27/2032 Class A Common Stock 2 8,544 D
Stock Options (Right to Buy) (6) 09/27/2032 Class A Common Stock 2 8,544 D
Restricted Stock Units (7) 09/13/2028 Class A Common Stock 10,501 0 D
Explanation of Responses:
1. This stock option vested in full on May 20, 2020.
2. This stock option vested in full on April 15, 2020.
3. These stock options vested in full on December 15, 2021.
4. These stock options vested in full on January 31, 2022.
5. These stock options vested in full on August 29, 2022.
6. These stock options vested 50% on March 29, 2024, and the remaining 50% will vest on March 29, 2025.
7. These restricted stock units will vest in full on December 3, 2024.
Remarks:
Exhibit List: Exhibit 24 - Power of Attorney
/s/ Koti Meka 10/03/2024
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Exhibit 24

 

POWER OF ATTORNEY

 

FOR SEC FILINGS ON FORMS ID, 3, 4, 5 AND 144

 

The undersigned hereby constitutes and appoints each of Matthias Aydt and Scott Graziano, so long as each is employed at Faraday Future Intelligent Electric Inc., a Delaware corporation (the “Company”), the Company, as his true and lawful attorney-in-fact and agent (each, an “Attorney-In-Fact”), with full power of substitution and resubstitution for him and in his name and stead in any and all capacities, to sign and file for and on his behalf, in respect of any acquisition, disposition or other change in ownership of any of the securities of the undersigned, the following:

 

(i)any Form ID to be filed with the Securities and Exchange Commission (the “SEC”);

 

(ii)any Update Passphrase Request to be filed with the SEC;

 

(iii)any Initial Statement of Beneficial Ownership of Securities on Form 3 to be filed with the SEC;

 

(iv)any Statement of Changes of Beneficial Ownership of Securities on Form 4 to be filed with the SEC;

 

(v)any Annual Statement of Beneficial Ownership of Securities on Form 5 to be filed with the SEC;

 

(vi)any Notice of Proposed Sale of Securities on Form 144 to be filed with the SEC; and

 

(vii)any and all agreements, certificates, receipts, or other documents in connection therewith.

 

The undersigned hereby gives full power and authority to each Attorney-In-Fact to seek and obtain as his representative and on his behalf, information on transactions in the securities of the undersigned from any third party, including brokers, employee benefit plan administrators and trustees, and the undersigned hereby authorizes any such third party to release such information to each Attorney-In-Fact and approves and ratifies any such release of information.

 

The undersigned hereby grants unto each Attorney-In-Fact full power and authority to do and perform each and every act and thing requisite and necessary in connection with such matters and hereby ratifies and confirms all that any such Attorney-In-Fact or substitute may do or cause to be done by virtue hereof.

 

The undersigned acknowledges that:

 

(i)neither the Company nor any Attorney-In-Fact assumes (i) any liability for the undersigned’s responsibility to comply with the requirement of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), (ii) any liability of the undersigned for any failure to comply with such requirements or (iii) any obligation or liability of the undersigned for profit disgorgement under Section 16(b) of the Exchange Act; and

 

(ii)this Power of Attorney does not relieve the undersigned from responsibility for compliance with the undersigned’s obligations under the Exchange Act, including without limitation the reporting requirements under Section 16 of the Exchange Act.

 

This Power of Attorney shall remain in full force and effect with respect to the undersigned until revoked by the undersigned in a signed writing delivered to each Attorney-In-Fact.

 

[Remainder of Page Intentionally Left Blank.]

 

 

 

 

IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 29th day of September, 2024.

 

  /s/ Koti Meka
  Koti Meka