Alice Yake - 10 Jan 2022 Form 4 Insider Report for Xos, Inc. (XOS)

Role
Director
Signature
/s/ Kim Merritt, Attorney-in-Fact for Alice K. Jackson
Issuer symbol
XOS
Transactions as of
10 Jan 2022
Net transactions value
$0
Form type
4
Filing time
11 Jan 2022, 19:32:56 UTC
Previous filing
20 Dec 2021
Next filing
14 Sep 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 +88,060 88,060 10 Jan 2022 Common Stock 88,060 Direct F1, F2, F3
transaction XOS Restricted Stock Unit Award +48,922 48,922 10 Jan 2022 Common Stock 48,922 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 January 10, 2022 (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.