Sarah Wyant - 08 Nov 2024 Form 4 Insider Report for Nxu, Inc. (NXUR)

Role: Chief Financial Officer
Signature: /s/ Sarah Wyant
Issuer symbol: NXUR
Transactions as of: 08 Nov 2024
Net transactions value: -$8,220
Form type: 4
Filing time: 25 Nov 2024, 17:41:26 UTC
Previous filing: 19 Apr 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NXU	Class A Common Stock	Sale	$8,220	-22,820	-58%	$0.3602	16,600	08 Nov 2024	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Reflects a "sell to cover" transaction to cover the reporting person's tax withholding obligations in connection with the vesting and settlement of 34,936 restricted stock units previously granted to the reporting person and does not represent a discretionary sale by the reporting person.
F2	In connection with a grant of employee stock options on February 23, 2024, as reported on the reporting person's Form 4 filed on April 19, 2024, the reporting person forfeited a total of approximately 66,256 restricted stock units and performance stock units. Furthermore, the reporting person's Form 4 filed on January 9, 2024 inadvertently reported the acquisition of shares of Class A common stock of the Issuer that had previously been reported as being beneficially owned by the reporting person under Table I of the reporting person's Form 3 filed on December 26, 2023.

Content

Reflects a "sell to cover" transaction to cover the reporting person's tax withholding obligations in connection with the vesting and settlement of 34,936 restricted stock units previously granted to the reporting person and does not represent a discretionary sale by the reporting person.

In connection with a grant of employee stock options on February 23, 2024, as reported on the reporting person's Form 4 filed on April 19, 2024, the reporting person forfeited a total of approximately 66,256 restricted stock units and performance stock units. Furthermore, the reporting person's Form 4 filed on January 9, 2024 inadvertently reported the acquisition of shares of Class A common stock of the Issuer that had previously been reported as being beneficially owned by the reporting person under Table I of the reporting person's Form 3 filed on December 26, 2023.