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

Signature
/s/ Christen Romero, Attorney-in-Fact for Liana Pogosyan
Issuer symbol
XOS
Transactions as of
10 Dec 2023
Net transactions value
-$3,751
Form type
4/A
Filing time
29 Apr 2024, 16:25:40 UTC
Date Of Original Report
12 Dec 2023
Previous filing
14 Nov 2023
Next filing
12 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XOS Common Stock Sale $3,751 -607 -5.9% $6.18 9,756 10 Dec 2023 Direct F1, F2
* 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 5,846 unvested RSUs.

Remarks:

Ms. Pogosyan's Form 4, as originally filed on December 12, 2023, is being amended to correct 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. An error in tax withholding rates in connection with the vesting of the Reporting Person's RSU Awards in 2023 and 2024 was recently discovered and corrected. As a result, this Amendment reflects the corrected withholding amounts. In addition, on December 6th, 2023, the common stock of Xos, Inc. reverse split 1-for-30, which is reflected in this Amendment.