Sara Mathew - 10 Nov 2021 Form 4/A - Amendment Insider Report for Xos, Inc. (XOS)

Role
Director
Signature
/s/ Kris Tsao Cachia, Attorney-in-Fact for S. Sara Mathew
Issuer symbol
XOS
Transactions as of
10 Nov 2021
Net transactions value
$0
Form type
4/A - Amendment
Filing time
15 Nov 2021, 20:52:32 UTC
Date Of Original Report
15 Nov 2021
Previous filing
30 Jul 2021
Next filing
04 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XOS Common Stock Award +296,053 296,053 28 Sep 2021 By Trust F1, F2

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 Common Stock Warrant (Right to Buy) Other +199,997 199,997 28 Sep 2021 Common Stock 199,997 $11.50 By Trust F1, F2, F3, F4
transaction XOS Restricted Stock Unit Award +57,229 57,229 10 Nov 2021 Common Stock 57,229 Direct F4, F5, F6
transaction XOS Restricted Stock Unit Award +31,794 31,794 10 Nov 2021 Common Stock 31,794 Direct F4, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pro rata distribution by NextGen Sponsor LLC of all of its securities of Xos, Inc., which is exempt from Section 16 by 17 CFR 240.16a-9. The transaction is being voluntarily reported for informational purposes only.
F2 Shares are held by the Jacob Mathew 2020 Irrevocable Trust ("Mathew Trust"), of which the Reporting Person is trustee.
F3 On November 15, 2021, the Reporting Person filed a Form 4 that inadvertently reported code "P," but should be code "J."
F4 The price is N/A.
F5 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.
F6 Date is N/A.
F7 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.

Remarks:

This Amendment to Form 4 is being filed solely to correct the code identified in Table II, Column 4 that was inadvertently reported as code "P," but should be code "J."