Xos, Inc. — Director's Dealing 2022

Aug 5, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Xos, Inc. (XOS)
CIK: 0001819493
Period of Report: 2022-08-03

Reporting Person: Semler Dakota (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-08-03	Common Stock	A	217687	—	Acquired	3101842	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	53745903	Indirect
Common Stock	502120	Indirect

Footnotes

F1: Represents an annual grant of Restricted Stock Units ("RSUs") to Mr. Semler for his service as Chief Executive Officer. Each RSU represents a contingent right to receive one share of Common Stock upon settlement. The RSUs vest as to 25% on April 10, 2023 and the remaining RSUs vest ratably on each of the next twelve (12) Quarterly Vesting Dates thereafter. "Quarterly Vesting Dates" mean each of March 10, June 10, September 10, and December 10, provided, however, that to the extent any such date occurs on a weekend day or U.S. federal holiday, the Quarterly Vesting Date will be deemed to occur on the immediately following day that is not a weekend day or U.S. federal holiday, subject to such Reporting Person's continuous service with the Issuer through such vesting date.

F2: Shares held by Emerald Green Trust, of which Mr. Semler is a beneficiary.

F3: Shares held by GenFleet LLC. Mr. Semler may be deemed to beneficially own securities held by GenFleet, LLC by virtue of his indirect beneficial ownership interest in such entity.