Edward J. Rapp - 03 Aug 2022 Form 4 Insider Report for Xos, Inc. (XOS)

Role
Director
Signature
/s/ Christen Romero, Attorney-in-Fact for Edward J. Rapp
Issuer symbol
XOS
Transactions as of
03 Aug 2022
Net transactions value
$0
Form type
4
Filing time
05 Aug 2022, 16:30:16 UTC
Previous filing
05 Jul 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 +3,816 +4.2% $0.000000 94,313 03 Aug 2022 Direct F1, F2
holding XOS Common Stock 335,169 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. 1,908 RSUs were issued for the director's service in Q1 2022 and calculated as of March 31, 2022. 1,908 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 uponsettlement.
F3 Shares are held by the Edward Joseph Rapp TTEE U/A DTD 02/07/2005, of which the Reporting Person is trustee.