Mon, Jun 24, 9:28 PM (165 days ago)
Faraday Future Intelligent Electric Inc. filed Amendment No. 2 to its Annual Report on Form 10-K for the fiscal year ended December 31, 2023. This amendment corrects the "Summary Compensation Table – Fiscal 2023" and "Director Compensation Table – Fiscal 2023" to accurately reflect the fair value of equity awards as of the grant date. Key updates include: - **Executive Compensation**: Adjusted figures for stock and option awards. For example, Xuefeng Chen's total compensation was updated to $1,854,791 for 2023. - **Director Compensation**: Revised values for stock awards, e.g., Chad Chen's total compensation updated to $280,414. No financial statements were amended or included. The amendment does not alter any other disclosures from the original filing. New certifications by the principal executive and financial officers are included. The company emphasized that this amendment should be read with the original filing for comprehensive understanding.