Apoorv Dwivedi - Sep 27, 2022 Form 3 Insider Report for Atlis Motor Vehicles Inc (NXU)

Role
Chief Financial Officer
Signature
/s/ Apoorv Dwivedi
Stock symbol
NXU
Transactions as of
Sep 27, 2022
Transactions value $
$0
Form type
3
Date filed
11/8/2022, 05:35 PM
Next filing
Aug 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding NXU Class A Common Stock 20K Sep 27, 2022 Direct

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 NXU Restricted Stock Units Sep 27, 2022 Class A Common Stock 90K $0.00 Direct F1
holding NXU Stock Options (Right to Buy) Sep 27, 2022 Class A Common Stock 20K $7.00 Direct F2
holding NXU Stock Options (Right to Buy) Sep 27, 2022 Class A Common Stock 190K $7.00 Direct F3
holding NXU Stock Options (Right to Buy) Sep 27, 2022 Class A Common Stock 100K $7.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units vest in three equal installments on June 8 over the next three years.
F2 Currently exercisable.
F3 30,000 stock options vest on January 17, 2023 and the remainder vest in installments of 40,000 every six months thereafter.

Remarks:

See Exhibit 24 - Power of Attorney