Benoit le Bourgeois - Sep 27, 2022 Form 3 Insider Report for Atlis Motor Vehicles Inc (NXU)

Role
VP of User Experience
Signature
/s/ Apoorv Dwivedi as Attorney-in-Fact
Stock symbol
NXU
Transactions as of
Sep 27, 2022
Transactions value $
$0
Form type
3
Date filed
11/8/2022, 05:35 PM

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 Stock Options (Right to Buy) Sep 27, 2022 Class A Common Stock 126K $7.00 Direct F1
holding NXU Stock Options (Right to Buy) Sep 27, 2022 Class A Common Stock 340K $7.00 Direct F2
holding NXU Stock Options (Right to Buy) Sep 27, 2022 Class A Common Stock 1.42K $7.00 By: Spouse F1, F4
holding NXU Stock Options (Right to Buy) Sep 27, 2022 Class A Common Stock 2.84K $7.00 By: Spouse F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Currently exercisable.
F2 Includes 113,244 stock options which vest on September 2, 2023, and 226,489 stock options which vest on September 2, 2024.
F3 Includes 1,420 stock options which vest on September 1, 2023, and 1,420 stock options which vest on September 1, 2024.
F4 Securities held by the Reporting Person's spouse. Reporting Person expressly disclaims any beneficial ownership of spouse's shares.

Remarks:

See Exhibit 24 - Power of Attorney