Giordano Sordoni - Jan 20, 2023 Form 4 Insider Report for Xos, Inc. (XOS)

Role
Chief Operating Officer, Director
Signature
/s/ Christen Romero, Attorney-in-Fact for Giordano Sordoni
Stock symbol
XOS
Transactions as of
Jan 20, 2023
Transactions value $
$72,778
Form type
4
Date filed
1/23/2023, 03:09 PM
Previous filing
Jan 19, 2023
Next filing
Apr 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XOS Common Stock Purchase $72.8K +73.5K +0.31% $0.99 23.9M Jan 20, 2023 Direct F1, F2, F3
* 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 $1.02. 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 Includes 408,163 unvested 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 April 10, 2023 and the remaining RSUs vest ratably on each of the next thirty-six (36) Monthly Vesting Dates thereafter. "Monthly Vesting Dates" mean the 10th of each month, provided, however, that to the extent any such date occurs on a weekend day or U.S. federal holiday, the Monthly Vesting Date will be deemed to occur on the immediately following day that is not a weekend day or U.S. federal holiday, subject to such Reporting Person's continuous service with the Issuer through such vesting date.