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

Signature
/s/ Jordan Christensen as attorney-in-fact
Stock symbol
NXU
Transactions as of
Feb 23, 2024
Transactions value $
$0
Form type
4
Date filed
4/19/2024, 09:38 PM
Previous filing
Jan 9, 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 +76K $0.00 76K Feb 23, 2024 Class A Common Stock 76K $0.99 Direct F1, F2
transaction NXU Employee Stock Option Award $0 +50.9K $0.00 50.9K Feb 23, 2024 Class A Common Stock 50.9K $0.99 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.