Jose Castaneda - Feb 6, 2022 Form 3 Insider Report for Xos, Inc. (XOS)

Role: VP, Business Development
Signature: /s/ Christen Romero, Attorney-in-Fact for Jose Castaneda
Stock symbol: XOS
Transactions as of: Feb 6, 2022
Transactions value $: $0
Form type: 3
Date filed: 2/16/2022, 05:45 PM
Next filing: Jul 13, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	XOS	Common Stock						72.8K	Feb 6, 2022	Direct	F1

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
holding	XOS	Stock Option (Right to Buy)							Feb 6, 2022	Common Stock	19.6K	$0.02	Direct	F2
holding	XOS	Stock Option (Right to Buy)							Feb 6, 2022	Common Stock	15.7K	$0.02	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 52,500 shares represented by restricted stock units ("RSU"). The RSUs vested as to 37.5% on December 10, 2021 and the remaining RSUs vest ratably on each of the next ten (10) Quarterly Vesting Dates thereafter. "Quarterly Vesting Dates" mean each of March 10, June 10, September 10, and December 10, provided, however, that to the extent any such date occurs on a weekend day or U.S. federal holiday, the Quarterly Vesting Date will be deemed to occur on the immediately following day that is not a weekend day or U.S. federal holiday.
F2	25% of the stock option vested and became exercisable on April 1, 2021, and thereafter vest as to 1/48th of the shares in equal monthly installments, until such time as the option is 100% vested, subject to the continuing employment of the Reporting Person on each vesting date.

Content

Includes 52,500 shares represented by restricted stock units ("RSU"). The RSUs vested as to 37.5% on December 10, 2021 and the remaining RSUs vest ratably on each of the next ten (10) Quarterly Vesting Dates thereafter. "Quarterly Vesting Dates" mean each of March 10, June 10, September 10, and December 10, provided, however, that to the extent any such date occurs on a weekend day or U.S. federal holiday, the Quarterly Vesting Date will be deemed to occur on the immediately following day that is not a weekend day or U.S. federal holiday.

25% of the stock option vested and became exercisable on April 1, 2021, and thereafter vest as to 1/48th of the shares in equal monthly installments, until such time as the option is 100% vested, subject to the continuing employment of the Reporting Person on each vesting date.