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*
GRANDY EDWARD

(Last) (First) (Middle)
C/O LITHIUM AMERICAS CORP.
5310 KIETZKE LANE, SUITE 200

(Street)
RENO NV 89511

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
12/31/2024
3. Issuer Name and Ticker or Trading Symbol
LITHIUM AMERICAS CORP. [ LAC ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Sr VP, GC & Secretary
5. If Amendment, Date of Original Filed (Month/Day/Year)
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 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)
Common Shares 92,975 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
Restricted Share Units (2) (2) Common Shares 25,123 $0 D
Restricted Share Units(1) (3) (3) Common Shares 39,856 $0 D
Restricted Share Units(1) (4) (4) Common Shares 8,707 $0 D
Restricted Share Units(1) (5) (5) Common Shares 7,819 $0 D
Explanation of Responses:
1. Each restricted share unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
2. Represents grant of RSUs on January 23, 2024, which vests as follows: 1/3 on January 23, 2025; 1/3 on January 23, 2026; and 1/3 on January 23, 2027. As of the date of this Form 3, 25,123 RSUs remain unvested.
3. Represents grant of RSUs on October 24, 2023, which vests as follows: 1/5 on October 24, 2023; 1/5 on October 24, 2024; 1/5 on October 24, 2025; 1/5 on October 24, 2026; and 1/5 on October 24, 2027. As of the date of this Form 3, 39,856 RSUs remain unvested.
4. Represents grant of RSUs on February 9, 2023, which vest upon a change of control or termination of the reporting person's services as an officer of the Issuer.
5. Represents grant of RSUs on January 31, 2022, which vests as follows: 1/3 on January 31, 2023; 1/3 on January 31, 2024; and 1/3 on January 31, 2025. As of the date of this Form 3, 7,819 RSUs remain unvested.
Remarks:
Exhibit 24.1 Power of Attorney
/s/ Tereza Fonda as attorney-in-fact for Edward Grandy 12/31/2024
** 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.
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