George N. Mattson - Jan 13, 2023 Form 4 Insider Report for Xos, Inc. (XOS)

Role
Director
Signature
/s/ Christen Romero, Attorney-in-Fact for George N. Mattson
Stock symbol
XOS
Transactions as of
Jan 13, 2023
Transactions value $
$126,379
Form type
4
Date filed
1/18/2023, 05:33 PM
Previous filing
Jan 11, 2023
Next filing
Jan 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XOS Common Stock Purchase $98K +100K +27.03% $0.98 470K Jan 13, 2023 GNM ICBC LLC F1, F2, F3
transaction XOS Common Stock Purchase $28.4K +28.7K +6.1% $0.99 499K Jan 18, 2023 GNM ICBC LLC F1, F3, F4
holding XOS Common Stock 3.97M Jan 13, 2023 NGAC GNM Feeder LLC F5
holding XOS Common Stock 347K Jan 13, 2023 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transaction being reported was effected pursuant to a previously established Rule 10b5-1 trading plan.
F2 Represents weighted average sales price. The shares were sold at prices ranging from $0.94 to $1.00. The Reporting Person will provide upon request, to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F3 Shares are held by GNM ICBC LLC ("GNM ICBC"). The Reporting Person may be deemed to beneficially own such shares by virtue of his control over GNM ICBC. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F4 Represents weighted average sales price. The shares were sold at prices ranging from $0.98 to $1.00. The Reporting Person will provide upon request, to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F5 Shares are held by NGAC GNM Feeder LLC ("NGAC"). The Reporting Person may be deemed to beneficially own such shares by virtue of his shared control over NGAC. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F6 Includes 134,682 unvested restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement.