Liana Pogosyan - Jul 10, 2023 Form 4 Insider Report for Xos, Inc. (XOS)

Signature
/s/ Christen Romero, Attorney-in-Fact for Liana Pogosyan
Stock symbol
XOS
Transactions as of
Jul 10, 2023
Transactions value $
-$7,373
Form type
4
Date filed
9/13/2023, 09:12 PM
Previous filing
Jun 14, 2023
Next filing
Aug 14, 2023

Transactions Table

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
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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.