Burt Jordan - 12 Jun 2023 Form 4 Insider Report for Xos, Inc. (XOS)

Role
Director
Signature
/s/ Christen Romero, Attorney- in-Fact for Burt Jordan
Issuer symbol
XOS
Transactions as of
12 Jun 2023
Net transactions value
$0
Form type
4
Filing time
14 Jun 2023, 16:11:46 UTC
Previous filing
14 Sep 2022
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 +444,444 +217% $0.000000 649,073 12 Jun 2023 Direct F1, F2
* 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 vest on the earlier of (i) the first anniversary of the Grant date and (ii) the day of the Company's 2024 Annual Meeting, subject to the Reporting Person's continuous service with Xos, Inc. through the vesting date.
F2 Includes 482,597 unvested RSUs. Each RSU represents a contingent right to receive one share of common stock upon settlement.