Key facts
- This page summarizes Mark Hanchett's Form 4 filing for Nxu, Inc. (NXUR).
- 2 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 19 Apr 2024, 21:36.
Mark Hanchett - 15 Sep 2023 Form 4 Insider Report for Nxu, Inc. (NXUR)
- Reporting relationship
- Chief Executive Officer, Director, 10%+ Owner
- Issuer ticker
- NXUR
- Reported as of
- 15 Sep 2023
- Net transaction value
- -$786
- SEC form
- 4
- Accepted by SEC
- 19 Apr 2024, 21:36:34 UTC
- Prior SEC filing
- 12 Sep 2023
- Next SEC filing
- 19 Apr 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Jordan Christensen, as attorney-in-fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Mark Hanchett filed Form 4 for Nxu, Inc. (NXUR) on 19 Apr 2024.
Change
- Previous filing in this sequence was filed on 12 Sep 2023.
- Current net transaction value: -$786.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
NXU
transaction
Class A Common Stock
Award
- Transaction value
- Shares
- +66,667
- Change %
- +0.25%
- Price
- Shares after
- 26,982,538
- Date
- 15 Sep 2023
- Ownership
- Direct
- Footnotes
- F1, F2, F3
NXU
transaction
Class A Common Stock
Sale
- Transaction value
- $786
- Shares
- -19,650
- Change %
- -0.07%
- Price
- $0.0400
- Shares after
- 26,962,888
- Date
- 19 Oct 2023
- Ownership
- Direct
- Footnotes
- F1, F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote F1
The transaction is being reported later due to an inadvertent administrative error.
Footnote F2
The Reporting Person is eligible to receive a number of Performance Stock Units with a value of up to 6.25% of the Reporting Person's total annual compensation each quarter for four quarters, subject to the Reporting Person's continuous service and certain other performance conditions, beginning on the last day of the third quarter of 2023. The number of Performance Stock Units granted is calculated by dividing the dollar value of the award by the closing share price on the first trading day immediately preceding the 15th day of the month prior to each vesting date. On September 15, 2023, the Reporting Person was granted 66,667 Performance Stock Units, which vested on September 30, 2023. The Performance Stock Units may be settled solely by delivery of an equal number of shares of Class A common stock of the Issuer.
Footnote F3
Each restricted stock unit represents a contingent right to receive one share of Class A common stock of the Issuer.
Footnote F4
Represents shares of Class A common stock sold to cover tax withholding obligations and other applicable fees in connection with the vesting and settlement of Performance Stock Units pursuant to mandatory "sell to cover" provisions contained in the Reporting Person's applicable Performance Stock Unit grant agreement, and does not represent a discretionary sale by the Reporting Person.