Dakota Semler - Sep 11, 2023 Form 4 Insider Report for Xos, Inc. (XOS)

Signature
Dakota Semler, by /s/ Christen Romero, Attorney-in-Fact
Stock symbol
XOS
Transactions as of
Sep 11, 2023
Transactions value $
-$484
Form type
4
Date filed
9/13/2023, 09:11 PM
Previous filing
Aug 14, 2023
Next filing
Sep 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XOS Common Stock Tax liability -$484 -1.61K -0.02% $0.30 6.62M Sep 11, 2023 Direct F1, F2
holding XOS Common Stock 502K Sep 11, 2023 GenFleet LLC F3
holding XOS Common Stock 53.7M Sep 11, 2023 Emerald Green Trust F4
* 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 previously reported Restricted Stock Unit ("RSU") Award. Each RSU represents a contingent right to receive one share of common stock upon settlement.
F2 Includes 3,310,312 unvested RSUs. Each RSU represents a contingent right to receive one share of common stock upon settlement.
F3 Shares held by GenFleet LLC. Mr. Semler may be deemed to beneficially own securities held by GenFleet, LLC by virtue of his indirect beneficial ownership interest in such entity.
F4 Shares held by Emerald Green Trust, of which Mr. Semler is a beneficiary.