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

Role
Director
Signature
/s/ Kris Tsao Cachia, Attorney-in-Fact for Burt Jordan
Issuer symbol
XOS
Transactions as of
10 Nov 2021
Net transactions value
$0
Form type
4
Filing time
15 Nov 2021, 17:32:21 UTC
Previous filing
24 Aug 2021
Next filing
13 Jan 2022
SEC
View on sec.gov

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 +57,229 57,229 10 Nov 2021 Common Stock 57,229 Direct F1, F2, F3
transaction XOS Restricted Stock Unit Award +31,794 31,794 10 Nov 2021 Common Stock 31,794 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.