Hans Thomas - Sep 1, 2021 Form 4 Insider Report for REE Automotive Ltd. (REE)

Role: Director
Signature: /s/ Hans Thomas
Stock symbol: REE
Transactions as of: Sep 1, 2021
Transactions value $: $1,280,676
Form type: 4
Date filed: 9/2/2021, 06:10 PM

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	REE	Class A Common Stock	Purchase	$345K	+61K	+0.92%	$5.66^*	6.65M	Sep 2, 2021	By 10X SPAC Sponsor Alpha LLC	F1
transaction	REE	Class A Common Stock	Purchase	$936K	+161K	+2.5%	$5.81^*	6.59M	Sep 1, 2021	By 10X SPAC Sponsor Alpha LLC	F1

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

Explanation of Responses:

Id	Content
F1	10X SPAC Sponsor Alpha LLC ("Alpha") is the holder of the 222,000 shares of Class A Common Stock of REE Automotive Ltd. ("REE") acquired by the reporting person in the transactions reported herein. Hans Thomas is the managing member of Alpha. Mr. Thomas has voting and investment discretion with respect to the securities held by Alpha. The reporting person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for any other purpose. The 6,431,250 shares of REE previously acquired by the reporting person are held by 10X Capital SPAC Sponsor I LLC ("Sponsor"). Mr. Thomas has voting and investment discretion with respect to the securities held by Sponsor. The reporting person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for any other purpose.

Content

10X SPAC Sponsor Alpha LLC ("Alpha") is the holder of the 222,000 shares of Class A Common Stock of REE Automotive Ltd. ("REE") acquired by the reporting person in the transactions reported herein. Hans Thomas is the managing member of Alpha. Mr. Thomas has voting and investment discretion with respect to the securities held by Alpha. The reporting person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for any other purpose. The 6,431,250 shares of REE previously acquired by the reporting person are held by 10X Capital SPAC Sponsor I LLC ("Sponsor"). Mr. Thomas has voting and investment discretion with respect to the securities held by Sponsor. The reporting person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for any other purpose.