Edward J. Rapp - Oct 10, 2023 Form 4 Insider Report for Xos, Inc. (XOS)

Role
Director
Signature
/s/ Christen Romero, Attorney-in-Fact for Edward J. Rapp
Stock symbol
XOS
Transactions as of
Oct 10, 2023
Transactions value $
$0
Form type
4
Date filed
10/12/2023, 04:14 PM
Previous filing
Oct 3, 2023
Next filing
Jan 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XOS Common Stock Award $0 +15.2K +2.2% $0.00 704K Oct 10, 2023 Direct F1, F2
holding XOS Common Stock 635K Oct 10, 2023 By Trust F3
* 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 reported vested immediately on the date of grant. The RSUs were issued to the director in lieu of their cash retainer for the director's service in Q3 2023 and calculated as of October 10, 2023.
F2 Includes 482,597 unvested RSUs. Each RSU represents a contingent right to receive one share of common stock upon settlement.
F3 Shares are held by the Edward Joseph Rapp TTEE U/A DTD 02/07/2005, of which the Reporting Person is trustee.