Sarah Wyant - 23 Feb 2024 Form 4 Insider Report for Nxu, Inc. (NXUR)

Signature
/s/ Jordan Christensen as attorney-in-fact
Issuer symbol
NXUR
Transactions as of
23 Feb 2024
Net transactions value
$0
Form type
4
Filing time
19 Apr 2024, 21:38:51 UTC
Previous filing
09 Jan 2024
Next filing
25 Nov 2024

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
transaction NXU Employee Stock Option Award $0 +76,046 $0.000000 76,046 23 Feb 2024 Class A Common Stock 76,046 $0.9900 Direct F1, F2
transaction NXU Employee Stock Option Award $0 +50,931 $0.000000 50,931 23 Feb 2024 Class A Common Stock 50,931 $0.9900 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transaction is being reported later due to an inadvertent administrative error.
F2 The Reporting Person was granted an option to purchase 76,046 shares of Class A Common Stock that vests 50% on March 31, 2024 and 50% on June 30, 2024.
F3 The Reporting Person was granted an option to purchase 50,931 shares of Class A Common Stock that vests 50% on June 30, 2024 and 50% on September 30, 2024.