Sara Mathew - Nov 10, 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
Stock symbol
XOS
Transactions as of
Nov 10, 2021
Transactions value $
$0
Form type
4/A - Amendment
Date filed
11/15/2021, 08:52 PM
Date Of Original Report
Nov 15, 2021
Previous filing
Jul 30, 2021
Next filing
Jan 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XOS Common Stock Award +296K 296K Sep 28, 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 +200K 200K Sep 28, 2021 Common Stock 200K $11.50 By Trust F1, F2, F3, F4
transaction XOS Restricted Stock Unit Award +57.2K 57.2K Nov 10, 2021 Common Stock 57.2K Direct F4, F5, F6
transaction XOS Restricted Stock Unit Award +31.8K 31.8K Nov 10, 2021 Common Stock 31.8K 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."