George N. Mattson - 31 Dec 2021 Form 4 Insider Report for Xos, Inc. (XOS)

Role
Director
Signature
/s/ Kim Merritt, Attorney-in-Fact for George N. Mattson
Issuer symbol
XOS
Transactions as of
31 Dec 2021
Net transactions value
$0
Form type
4
Filing time
04 Jan 2022, 15:53:21 UTC
Previous filing
06 Dec 2021
Next filing
13 Jun 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 $0 +2,580 +2.3% $0.000000 116,010 31 Dec 2021 Direct F1
holding XOS Common Stock 3,973,525 31 Dec 2021 By LLC F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares reported in this transaction represent Restricted Stock Units ("RSUs"). The RSUs reported vested immediately on the date of grant. The RSUs were issued to the director in lieu of their cash retainer.
F2 Shares are held by NGAC GNM Feeder LLC ("NGAC"). The Reporting Person may be deemed to beneficially own such shares by virtue of his shared control over NGAC. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.