Kate Sieker - 27 Sep 2022 Form 3 Insider Report for Atlis Motor Vehicles Inc (NXUR)

Role
VP of People
Signature
/s/ Apoorv Dwivedi as Attorney-in-Fact
Issuer symbol
NXUR
Transactions as of
27 Sep 2022
Net transactions value
$0
Form type
3
Filing time
08 Nov 2022, 17:35:33 UTC
SEC
View on sec.gov

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) 27 Sep 2022 Class A Common Stock 56,000 $7.00 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Stock options vest in four installments: (a) 8,000 stock options vest on December 20, 2022, (b) 8,000 stock options vest on December 20, 2023, (c) 16,000 stock options vest on December 20, 2024, and (d) 24,000 stock options vest on December 20, 2025.

Remarks:

See Exhibit 24 - Power of Attorney