Stuart Bernstein - 10 Nov 2022 Form 4 Insider Report for Xos, Inc. (XOS)

Role
Director
Signature
/s/ Christen Romero, Attorney-in-Fact for Stuart Bernstein
Issuer symbol
XOS
Transactions as of
10 Nov 2022
Transactions value $
$0
Form type
4
Filing time
14 Nov 2022, 15:14:08 UTC
Previous filing
28 Oct 2022
Next filing
14 Jun 2023
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 +138K +226.18% $0.00 199K 10 Nov 2022 Direct F1, F2
holding XOS Common Stock 124K 10 Nov 2022 See Footnote 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 restricted stock units vest on the earlier of (i) the first anniversary of the Grant Date and (ii) the day before the next annual meeting of Xos, Inc. following the Grant Date, subject to the Reporting Person's continuous service with Xos, Inc. through the vesting date.
F2 Includes 137,735 unvested RSUs. Each RSU represents a contingent right to receive one share of common stock upon settlement.
F3 The securities are held by Bernstein Investment Partners LLC, of which the Reporting Person is the Managing Member.