Robert Ferber - 20 Aug 2023 Form 4 Insider Report for Xos, Inc. (XOS)

Signature
/s/ Christen Romero, Attorney-in-Fact for Robert Ferber
Issuer symbol
XOS
Transactions as of
20 Aug 2023
Net transactions value
-$208
Form type
4
Filing time
13 Sep 2023, 21:12:28 UTC
Previous filing
14 Aug 2023
Next filing
12 Oct 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XOS Common Stock Disposed to Issuer $0 -62,135 -4.2% $0.000000 1,415,318 20 Aug 2023 Direct F1
transaction XOS Common Stock Disposed to Issuer $0 -471,645 -33% $0.000000 943,673 20 Aug 2023 Direct F2
transaction XOS Common Stock Tax liability $208 -693 -0.07% $0.3000 942,980 11 Sep 2023 Direct F3, 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 unvested Restricted Stock Units ("RSUs"), initially granted on July 11, 2022, that were terminated and forfeited as part of an agreement between the Issuer and the Reporting Person.
F2 Represents the number of unvested RSUs, initially granted on May 10, 2023, that were terminated and forfeited as part of an agreement between the Issuer and the Reporting Person.
F3 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 RSU Award. Each RSU represents a contingent right to receive one share of common stock upon settlement.
F4 Includes 625,524 unvested RSUs.