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Xos, Inc. — Director's Dealing 2022
Aug 5, 2022
34909_dirs_2022-08-05_68e352a3-5528-4086-8a74-1af9f3f3492c.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Xos, Inc. (XOS)
CIK: 0001819493
Period of Report: 2022-08-03
Reporting Person: Mattson George N (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-08-03 | Common Stock | A | 6678 | — | Acquired | 211711 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 3973525 | Indirect |
Footnotes
F1: The shares reported in this transaction represent Restricted Stock Units ("RSUs"). The RSUs reported vested immediately on the date of grant. The RSUs were issued to the director in lieu of their cash retainer. 3,339 RSUs were issued for the director's service in Q1 2022 and calculated as of March 31, 2022. 3,339 RSUs were issued for the director's service in Q2 2022 and calculated as of June 30, 2022.
F2: Includes 57,229 unvested RSUs. Each RSU represents a contingent right to receive one share of common stock upon settlement.
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.