Edward J. Rapp - 03 Apr 2023 Form 4 Insider Report for Xos, Inc. (XOS)

Role
Director
Signature
/s/ Christen Romero, Attorney-in-Fact for Edward J. Rapp
Issuer symbol
XOS
Transactions as of
03 Apr 2023
Net transactions value
$0
Form type
4
Filing time
04 Apr 2023, 16:32:23 UTC
Previous filing
04 Apr 2023
Next filing
09 May 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 +7,936 +3.6% $0.000000 229,169 03 Apr 2023 Direct F1, F2
holding XOS Common Stock 635,169 03 Apr 2023 By Trust 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 RSUs reported vested immediately on the date of grant. The RSUs were issued to the director in lieu of their cash retainer for the director's service in Q1 2023 and calculated as of March 31, 2023.
F2 Includes 153,759 unvested RSUs. Each RSU represents a contingent right to receive one share of common stock upon settlement.
F3 Shares are held by the Edward Joseph Rapp TTEE U/A DTD 02/07/2005, of which the Reporting Person is trustee.