Christen T. Romero - 10 Jan 2023 Form 4 Insider Report for Xos, Inc. (XOS)

Signature
/s/ Christen Romero
Issuer symbol
XOS
Transactions as of
10 Jan 2023
Net transactions value
-$11,788
Form type
4
Filing time
14 Feb 2023, 18:49:31 UTC
Previous filing
14 Feb 2023
Next filing
14 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XOS Common Stock Tax liability $6,499 -6,372 -0.67% $1.02 944,863 10 Jan 2023 Direct F1, F2
transaction XOS Common Stock Tax liability $5,289 -6,372 -0.67% $0.8300 938,491 10 Feb 2023 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares withheld by the Issuer to satisfy the tax withholding obligations in connection with the vesting of the Reporting Person's Restricted Stock Unit ("RSU") Award previously reported on Form 3 filed 2/16/2022. Each RSU represents a contingent right to receive one share of common stock upon settlement. Beginning 1/10/2023, the Reporting Person's RSU Award vests on a monthly basis on the 10th of each month rather than quarterly as previously reported.
F2 Includes 692,708 unvested RSUs from awards previously reported on Form 3 filed 2/16/2022 and Form 4 filed 7/13/2022.
F3 Includes 677,083 unvested RSUs from awards previously reported on Form 3 filed 2/16/2022 and Form 4 filed 7/13/2022.