Mark Hanchett - 31 Aug 2023 Form 4/A Insider Report for Nxu, Inc. (NXUR)

Source evidence Original filing metadata and source links for verification. 6 source fields
SEC form
4/A
Accepted by SEC
19 Apr 2024, 21:37:00 UTC
Original report date
05 Sep 2023
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/ Jordan Christensen, as attorney-in-fact

Key filing fact

Mark Hanchett filed Form 4/A for Nxu, Inc. (NXUR) on 19 Apr 2024.

Key facts

  • This page summarizes Mark Hanchett's Form 4/A filing for Nxu, Inc. (NXUR).
  • 0 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 19 Apr 2024, 21:37.

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/A disclosures.

View source filing

Reported non-derivative transactions

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

NXU holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
6,349,203
Date
31 Aug 2023
Ownership
Direct

Reported derivative securities

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

NXU holding Derivative

Restricted Stock Unit

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
0
Date
31 Aug 2023
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
201,389
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

On September 5, 2023, the Reporting Person filed a Form 4 which inadvertently reported the incorrect aggregate amount of Restricted Stock Units the Reporting Person is eligible to receive. This Form 4 is being filed to correct the footnote. The Reporting Person is eligible to receive an aggregate of $1,800,000 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 $40,277.78 by the closing share price on the first trading day immediately preceding the 15th day of each month for thirty one (31) months beginning June 30, 2023 and will be calculated by dividing $110,277 by the closing share price on the first trading day immediately preceding the 15th day of each month for the final five (5) months from January 31, 2026 to May 31, 2026. On August 15, 2023, the Reporting Person was granted 201,389 Restricted Stock Units, which vested on August 31, 2023.

SEC remarks

See Exhibit 24 - Power of Attorney

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