GEM Global Yield LLC SCS - Oct 31, 2023 Form 4 Insider Report for Nxu, Inc. (NXU)

Role
10%+ Owner
Signature
GEM Global Yield LLC SCS By: /s/ Christopher F. Brown Title: Manager
Stock symbol
NXU
Transactions as of
Oct 31, 2023
Transactions value $
-$1,006,276
Form type
4
Date filed
11/3/2023, 09:15 PM
Previous filing
Oct 30, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NXU Class A common stock Sale -$70.9K -2.02M -7.56% $0.04* 24.8M Oct 31, 2023 Direct F1, F2
transaction NXU Class A common stock Sale -$71K -2.15M -8.69% $0.03* 22.6M Nov 1, 2023 Direct F1, F3
transaction NXU Class A common stock Sale -$72.7K -2.25M -9.96% $0.03* 20.4M Nov 2, 2023 Direct F1, F4
transaction NXU Class A common stock Sale -$792K -2.36M -11.58% $0.34 18M Nov 3, 2023 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of shares of Class A Common Stock, $0.0001 par value per share, held directly by GEM Global Yield LLC SCS ("GEM Investor"). GEM Global Yield Fund LLC ("GEM GP") is the general partner of GEM Investor and Christopher F. Brown is the sole beneficial owner of GEM GP. In such capacities, GEM GP and Mr. Brown may be deemed to have indirect voting and dispositive power over the shares held by GEM Investor. GEM GP and Mr. Brown each disclaim beneficial ownership of the shares held by GEM Investor, except to the extent, if any, that they have a pecuniary interest in such shares.
F2 The transactions referenced herein provide for various per share prices ranging from $0.0342 to $0.0357. GEM Investor undertakes to provide to the Staff of the Securities and Exchange Commission or any security holder of the Issuer, upon request, full information regarding the number of shares purchased or sold at each separate price.
F3 The transactions referenced herein provide for various per share prices ranging from $0.0317 to $0.0345. GEM Investor undertakes to provide to the Staff of the Securities and Exchange Commission or any security holder of the Issuer, upon request, full information regarding the number of shares purchased or sold at each separate price.
F4 The transactions referenced herein provide for various per share prices ranging from $0.032 to $0.0327. GEM Investor undertakes to provide to the Staff of the Securities and Exchange Commission or any security holder of the Issuer, upon request, full information regarding the number of shares purchased or sold at each separate price.
F5 The transactions referenced herein provide for various per share prices ranging from $0.033 to $0.0342. GEM Investor undertakes to provide to the Staff of the Securities and Exchange Commission or any security holder of the Issuer, upon request, full information regarding the number of shares purchased or sold at each separate price.