AI assistant
Xos, Inc. — Director's Dealing 2021
Nov 16, 2021
34909_dirs_2021-11-15_317e0efa-367d-4367-a4b0-a897404d8bdd.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Xos, Inc. (XOS)
CIK: 0001819493
Period of Report: 2021-11-10
Reporting Person: Mattson George N (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-09-28 | Common Stock | J | 3937525 | $0.00 | Acquired | 3937525 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-09-28 | Common Stock Warrant (Right to Buy) | $11.50 | J | 2660020 | Acquired | 2026-08-20 | Common Stock (2660020) | Indirect |
| 2021-11-10 | Restricted Stock Unit | $ | A | 57229 | Acquired | Common Stock (57229) | Direct | |
| 2021-11-10 | Restricted Stock Unit | $ | A | 31794 | Acquired | Common Stock (31794) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 27870 | Direct |
Footnotes
F1: Is comprised of 3,937,525 shares and 2,660,020 warrants received as a liquidating distribution from NextGen Sponsor LLC. In prior reports, the Reporting Person reported beneficial ownership of 9,375,000 shares of Issuer's Common Stock held by the NextGen Sponsor LLC, of which the Reporting Person is Manager.
F2: Shares are held by NGAC GNM Feeder LLC and received as part of a pro rata distribution by NextGen Sponsor LLC of all of its securities of Xos, Inc., which is exempt from Section 16 by 17 CFR 240.16a-9. The transaction is being voluntarily reported for informational purposes.
F3: The price is N/A.
F4: The restricted stock units vest in a series of three equal annual installments on each of the first, second and third year anniversaries of the grant date of November 10, 2021 (the "Grant Date"), subject to such individual's continuous service with Xos, Inc. through such vesting date.
F5: Date is N/A.
F6: The restricted stock units vest on the earlier of (i) the first anniversary of the Grant Date and (ii) the day before the next annual meeting of Xos, Inc. following the Grant Date, subject to such individual's continuous service with Xos, Inc. through the vesting date.