Apoorv Dwivedi - 31 Aug 2023 Form 4 Insider Report for Nxu, Inc. (NXUR)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
05 Sep 2023, 17:20:30 UTC
Prior SEC filing
18 Aug 2023
Next SEC filing
12 Sep 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Apoorv Dwivedi

Key filing fact

Apoorv Dwivedi filed Form 4 for Nxu, Inc. (NXUR) on 05 Sep 2023.

Key facts

  • This page summarizes Apoorv Dwivedi's Form 4 filing for Nxu, Inc. (NXUR).
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 05 Sep 2023, 17:20.

Change

  • Previous filing in this sequence was filed on 18 Aug 2023.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

NXU transaction

Class A Common Stock

Options Exercise

Transaction value
Shares
+41,667
Change %
+11%
Price
Shares after
422,297
Date
31 Aug 2023
Ownership
Direct
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

NXU transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value
$0
Shares
-41,667
Change %
-100%
Price
$0.000000*
Shares after
0
Date
31 Aug 2023
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
41,667
Exercise price
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Each restricted stock unit represents a contingent right to receive one share of Class A common stock of Nxu, Inc.

Footnote F2

The Reporting Person is eligible to receive an aggregate of $300,000 of Restricted Stock Units, which vest monthly in equal installments over thirty-six months. The number of Restricted Stock Units granted each month will be calculated by dividing $8,333.33 by the closing share price on the first trading day immediately preceding the 15th day of each month for thirty-six months from June 30, 2023 to May 31, 2026, and will vest on the last business day of such month. On August 15, 2023, the Reporting Person was granted 41,667 Restricted Stock Units, which vested on August 31, 2023. The Reporting Person previously filed a Form 4 with the SEC on August 18, 2023 which incorrectly reported that the number of Restricted Stock Units granted was 14,368 due to administrative error.

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