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

Role
Director
Signature
/s/ Christen Romero, Attorney-in-Fact for Stuart Bernstein
Stock symbol
XOS
Transactions as of
Nov 10, 2022
Transactions value $
$0
Form type
4
Date filed
11/14/2022, 03:14 PM
Previous filing
Oct 28, 2022
Next filing
Jun 14, 2023

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 Nov 10, 2022 Direct F1, F2
holding XOS Common Stock 124K Nov 10, 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.