Burt Jordan - Nov 10, 2021 Form 4 Insider Report for Xos, Inc. (XOS)

Role
Director
Signature
/s/ Kris Tsao Cachia, Attorney-in-Fact for Burt Jordan
Stock symbol
XOS
Transactions as of
Nov 10, 2021
Transactions value $
$0
Form type
4
Date filed
11/15/2021, 05:32 PM
Previous filing
Aug 24, 2021
Next filing
Jan 13, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction XOS Restricted Stock Unit Award +57.2K 57.2K Nov 10, 2021 Common Stock 57.2K Direct F1, F2, F3
transaction XOS Restricted Stock Unit Award +31.8K 31.8K Nov 10, 2021 Common Stock 31.8K Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price is N/A.
F2 The restricted stock units vest in a series of three equal annual installments on each of the first, second and third year anniversaries of the grant date of November 10, 2021 (the "Grant Date"), subject to such individual's continuous service with Xos, Inc. through such vesting date.
F3 Date is N/A.
F4 The restricted stock units vest on the earlier of (i) the first anniversary of the Grant Date and (ii) the day before the next annual meeting of Xos, Inc. following the Grant Date, subject to such individual's continuous service with Xos, Inc. through the vesting date.