Jose Castaneda - Sep 12, 2022 Form 4 Insider Report for Xos, Inc. (XOS)

Role
VP, Business Development
Signature
/s/ Christen Romero, Attorney- in-Fact for Jose Castaneda
Stock symbol
XOS
Transactions as of
Sep 12, 2022
Transactions value $
$0
Form type
4
Date filed
9/14/2022, 04:05 PM
Previous filing
Jul 13, 2022
Next filing
Dec 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XOS Common Stock Award $0 +18.9K +12.48% $0.00 171K Sep 12, 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the grant of Restricted Stock Units (RSUs). Each RSU represents a contingent right to receive one share of Common Stock upon settlement. The RSUs vest as to 25% on June 10, 2023 andthe remaining RSUs vest ratably on each of the next twelve (12) Quarterly Vesting Dates thereafter. "Quarterly Vesting Dates" mean each of March 10, June 10, September 10, and December 10,provided, however, that to the extent any such date occurs on a weekend day or U.S. federal holiday, the Quarterly Vesting Date will be deemed to occur on the immediately following day that is not aweekend day or U.S. federal holiday, subject to such Reporting Person's continuous service with the Issuer through such vesting date.
F2 Includes 140,723 unvested RSUs. Each RSU represents a contingent right to receive one share of common stock upon settlement.