Dakota Semler - 10 Dec 2023 Form 4 Insider Report for Xos, Inc. (XOS)

Role
Chief Executive Officer, Director
Signature
Dakota Semler, by /s/ Christen Romero, Attorney-in-Fact
Issuer symbol
XOS
Transactions as of
10 Dec 2023
Net transactions value
-$315
Form type
4
Filing time
12 Dec 2023, 21:52:45 UTC
Previous filing
14 Nov 2023
Next filing
12 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XOS Common Stock Tax liability $315 -55 -0.02% $5.72 220,492 10 Dec 2023 Direct F1, F2, F3
holding XOS Common Stock 5,626 10 Dec 2023 GenFleet LLC F4, F5
holding XOS Common Stock 1,791,530 10 Dec 2023 Emerald Green Trust F6, F7
* 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 109,876 unvested RSUs.
F3 On December 6th, the common stock of Xos, Inc. reverse split 1-for-30, resulting in a decrease of 6,395,889 shares in the reporting person's ownership of common stock.
F4 On December 6th, the common stock of Xos, Inc. reverse split 1-for-30, resulting in a decrease of 163,164 shares in the reporting person's ownership of common stock.
F5 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.
F6 On December 6th, the common stock of Xos, Inc. reverse split 1-for-30, resulting in a decrease of 51,954,373 shares in the reporting person's ownership of common stock.
F7 Shares held by Emerald Green Trust, of which Mr. Semler is a beneficiary.