FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Ye Qing
2. Issuer Name and Ticker or Trading Symbol

FARADAY FUTURE INTELLIGENT ELECTRIC INC. [ FFIE ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    _____ 10% Owner
_____ Officer (give title below)    _____ Other (specify below)
(Last)          (First)          (Middle)

C/O FARADAY FUTURE INTELLIGENT ELECTRIC, INC., 18455 S. FIGUEROA STREET
3. Date of Earliest Transaction (MM/DD/YYYY)

7/21/2021
(Street)

GARDENA, CA 90248
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (Right to Buy) $2.548 7/21/2021  A   42390     (2)10/24/2028 Class A Common Stock 42390  (1)42390 D  
Stock Option (Right to Buy) $2.548 7/21/2021  A   14130     (3)10/24/2028 Class A Common Stock 14130  (1)14130 D  
Stock Option (Right to Buy) $2.548 7/21/2021  A   7065     (4)10/24/2028 Class A Common Stock 7065  (1)7065 D  
Stock Option (Right to Buy) $2.548 7/21/2021  A   7065     (5)10/24/2028 Class A Common Stock 7065  (1)7065 D  
Stock Option (Right to Buy) $2.548 7/21/2021  A   51899     (6)5/30/2029 Class A Common Stock 51899  (1)51899 D  
Stock Option (Right to Buy) $2.548 7/21/2021  A   42390     (7)5/30/2029 Class A Common Stock 42390  (1)42390 D  
Stock Option (Right to Buy) $2.548 7/21/2021  A   28260     (8)5/30/2029 Class A Common Stock 28260  (1)28260 D  
Stock Option (Right to Buy) $2.406 7/21/2021  A   12777     (9)7/26/2030 Class A Common Stock 12777  (1)12777 D  
Stock Option (Right to Buy) $2.406 7/21/2021  A   12716     (10)7/26/2030 Class A Common Stock 12716  (1)12716 D  
Stock Option (Right to Buy) $2.406 7/21/2021  A   4238     (11)7/26/2030 Class A Common Stock 4238  (1)4238 D  
Stock Option (Right to Buy) $2.406 7/21/2021  A   2118     (12)7/26/2030 Class A Common Stock 2118  (1)2118 D  
Stock Option (Right to Buy) $2.406 7/21/2021  A   2119     (13)7/26/2030 Class A Common Stock 2119  (1)2119 D  
Stock Option (Right to Buy) $2.406 7/21/2021  A   1419    3/16/2020 7/26/2030 Class A Common Stock 1419  (1)1419 D  
Stock Option (Right to Buy) $2.406 7/21/2021  A   35446     (14)12/16/2030 Class A Common Stock 35446  (1)35446 D  
Stock Option (Right to Buy) $2.406 7/21/2021  A   959    10/15/2020 12/16/2030 Class A Common Stock 959  (1)959 D  

Explanation of Responses:
(1) Pursuant to the Agreement and Plan of Merger, dated January 27, 2021, as amended, by and among Property Solutions Acquisitions Corp. ("PSAC"), PSAC Merger Sub Ltd., and FF Intelligent Mobility Global Holdings Ltd. ("FF") (the "Merger Agreement"), the merger pursuant to which closed on July 21, 2021 ("Closing"), (i) each outstanding share of FF common stock held by the reporting person converted into the right to receive shares of the Issuer's Class A common stock using an exchange ratio of 0.1413 (the "Exchange Ratio"), and (ii) each outstanding and unexercised option to purchase shares of FF common stock converted into an option to purchase shares of the Issuer's common stock, with necessary adjustments to reflect the Exchange Ratio but otherwise the same terms and conditions. On the Closing date, the closing price of the Issuer's common stock was $13.78. Following Closing, the Issuer will be renamed "Faraday Future Intelligent Electric Inc."
(2) These stock options vest 25% on March 1, 2019, then in a series of 36 equal monthly installments thereafter, subject to the reporting person's continued employment through the applicable vesting date.
(3) These stock options vest in a series of 48 equal monthly installments starting on March 1, 2019, subject to the reporting person's continued employment through the applicable vesting date.
(4) These stock options vest in a series of 48 equal monthly installments starting on March 1, 2020, subject to the reporting person's continued employment through the applicable vesting date.
(5) These stock options vest in a series of 48 equal monthly installments starting on March 1, 2021, subject to the reporting person's continued employment through the applicable vesting date.
(6) These stock options vest 25% on March 15, 2020, then in a series of 36 equal monthly installments thereafter, subject to the reporting person's continued employment through the applicable vesting date.
(7) These stock options vest 25% on August 29, 2019, then in a series of 36 equal monthly installments thereafter, subject to the reporting person's continued employment through the applicable vesting date.
(8) These stock options vest in a series of 48 equal monthly installments starting on August 29, 2018, subject to the reporting person's continued employment through the applicable vesting date.
(9) These stock options vest 25% on March 16, 2021, then in a series of 36 equal monthly installments thereafter, subject to the reporting person's continued employment through the applicable vesting date.
(10) These stock options vest 25% on June 26, 2021, then in a series of 36 equal monthly installments thereafter, subject to the reporting person's continued employment through the applicable vesting date.
(11) These stock options vest in a series of 48 equal monthly installments starting on June 26, 2021, subject to the reporting person's continued employment through the applicable vesting date.
(12) These stock options vest in a series of 48 equal monthly installments starting on June 26, 2022, subject to the reporting person's continued employment through the applicable vesting date.
(13) These stock options vest in a series of 48 equal monthly installments starting on June 26, 2023, subject to the reporting person's continued employment through the applicable vesting date.
(14) These stock options vest 25% on October 15, 2021, then in a series of 36 equal monthly installments thereafter, subject to the reporting person's continued employment through the applicable vesting date.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Ye Qing
C/O FARADAY FUTURE INTELLIGENT ELECTRIC
INC., 18455 S. FIGUEROA STREET
GARDENA, CA 90248
X



Signatures
/s/ Jarret Johnson, as Attorney-in-Fact for Qing Ye7/23/2021
**Signature of Reporting PersonDate

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