Sara Mathew - 03 Aug 2022 Form 4 Insider Report for Xos, Inc. (XOS)

Role
Director
Signature
/s/ Christen Romero, Attorney-in-Fact for S. Sara Mathew
Issuer symbol
XOS
Transactions as of
03 Aug 2022
Net transactions value
$0
Form type
4
Filing time
05 Aug 2022, 16:28:07 UTC
Previous filing
23 May 2022
Next filing
14 Sep 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XOS Common Stock Award $0 +1,908 +2.1% $0.000000 91,688 03 Aug 2022 Direct F1, F2
holding XOS Common Stock 296,053 03 Aug 2022 By Trust F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares reported in this transaction represent Restricted Stock Units ("RSUs"). The RSUs reported vested immediately on the date of grant. The RSUs were issued to the director in lieu of their cash retainer. 954 RSUs were issued for the director's service in Q1 2022 and calculated as of March 31, 2022. 954 RSUs were issued for the director's service in Q2 2022 and calculated as of June 30, 2022.
F2 Includes 57,229 unvested RSUs. Each RSU represents a contingent right to receive one share of common stock upon settlement.
F3 Shares are held by the Jacob Mathew 2020 Irrevocable Trust, of which the Reporting Person is trustee.