George N. Mattson - Oct 10, 2024 Form 4 Insider Report for Xos, Inc. (XOS)

Role
Director
Signature
/s/ Christen Romero, Attorney-in-Fact for George N. Mattson
Stock symbol
XOS
Transactions as of
Oct 10, 2024
Transactions value $
$0
Form type
4
Date filed
12/17/2024, 03:18 PM
Previous filing
Jul 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XOS Common Stock Award $0 +1.86K +3.08% $0.00 62.3K Oct 10, 2024 Direct F1, F2
holding XOS Common Stock 131K Oct 10, 2024 NGAC GNM Feeder LLC F3
holding XOS Common Stock 33.3K Oct 10, 2024 GNM ICBC LLC F4
* 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"), each of which represents a contingent right to receive one share of the Issuer's common stock upon settlement and were issued to the director in lieu of their cash retainer for the director's service in Q3 2024. The RSUs reported vested immediately on the date of grant.
F2 Includes 28,694 unvested RSUs.
F3 Shares are held by NGAC GNM Feeder LLC ("NGAC"). The Reporting Person may be deemed to beneficially own such shares by virtue of his shared control over NGAC. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F4 Shares are held by GNM ICBC LLC ("GNM ICBC"). The Reporting Person may be deemed to beneficially own such shares by virtue of his control over GNM ICBC. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.