Mark Hanchett - Sep 27, 2022 Form 3/A - Amendment Insider Report for Nxu, Inc. (NXU)

Signature
/s/ Apoorv Dwivedi, as attorney-in-fact
Stock symbol
NXU
Transactions as of
Sep 27, 2022
Transactions value $
$0
Form type
3/A - Amendment
Date filed
8/18/2023, 06:53 PM
Date Of Original Report
Nov 8, 2022
Next filing
Aug 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding NXU Class B Common Stock 8.1M Sep 27, 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 12, 2023, Atlis Motor Vehicles Inc. completed a reorganization merger, pursuant to which all of the issued and outstanding shares of Atlis Motor Vehicles Inc,'s Class D common stock, par value $0.0001 per share were converted automatically on a one-for-one basis into shares of Nxu's Class B common stock, par value $0.0001 per share.
F2 On August 27, 2021, the Reporting Person was granted 8,100,000 Restricted Stock Units, of which 300,000 Restricted Stock Units vest on the first of the month through December 1, 2024. The Restricted Stock Units may be settled solely by delivery of an equal number of shares of Class B common stock of the Issuer. This amendment is being filed to reflect the grant of the Restricted Stock Units in Table I rather than Table II.