Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | XOS | Common Stock | Award | $0 | +238K | +136.91% | $0.00 | 412K | Jul 10, 2023 | Direct | F1, F2 |
transaction | XOS | Common Stock | Tax liability | -$7.37K | -24.6K | -5.97% | $0.30 | 387K | Sep 11, 2023 | Direct | F3, F4 |
Id | Content |
---|---|
F1 | Twenty-five percent (25%) of the Restricted Stock Unit ("RSU") grant shall vest on September 10, 2023, and the remaining RSU grant shall vest ratably on each of the next nine (9) Monthly Vesting Dates thereafter. "Monthly Vesting Dates" means the 10th of each month, provided, however, that to the extent any such date occurs on a weekend day or U.S. federal holiday, the Monthly Vesting Date will be deemed to occur on the immediately following day that is not a weekend day or U.S. federal holiday. |
F2 | This transaction is being reported late due to inadvertent administrative error. The amount in Column 5 of this Form 4 reflects the number of shares beneficially owned by the Reporting Person as of the date of this report after giving effect to the reported transaction and previously reported transactions that occurred after July 10, 2023. |
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 210,078 unvested RSUs. |