George N. Mattson - 10 Jan 2025 Form 4/A - Amendment Insider Report for Xos, Inc. (XOS)

Role
Director
Signature
/s/ David M. Zlotchew, Attorney-in-Fact for George N. Mattson
Issuer symbol
XOS
Transactions as of
10 Jan 2025
Net transactions value
$0
Form type
4/A - Amendment
Filing time
26 Feb 2025, 16:20:21 UTC
Date Of Original Report
14 Jan 2025
Previous filing
17 Dec 2024
Next filing
30 Apr 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XOS Common Stock Award $0 +2,581 +4.1% $0.000000 64,922 10 Jan 2025 Direct F1, F2
holding XOS Common Stock 131,250 10 Jan 2025 NGAC GNM Feeder LLC F3
holding XOS Common Stock 33,333 10 Jan 2025 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 Reporting Person in lieu of their cash retainer for the director service in Q4 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.

Remarks:

This Amendment is being filed solely to correct an inadvertent error in the number of securities awarded to the Reporting Person on January 10, 2025, as originally filed on January 14, 2025, which resulted in corresponding errors for the reported numbers of securities beneficially owned following such transaction. This Amendment reflects the corrected award amount and the resulting securities beneficially owned by the Reporting Person following the reported transaction.