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

Role
VP of People
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 56K $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