Xos, Inc. — Director's Dealing 2022

Feb 17, 2022

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Xos, Inc. (XOS)
CIK: 0001819493
Period of Report: 2022-02-06

Reporting Person: Castaneda Jose (VP, Business Development)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	72790	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to Buy)	$0.015	2030-05-27	Common Stock (19564)		Direct
Stock Option (Right to Buy)	$0.015	2030-07-21	Common Stock (15651)		Direct

Footnotes

F1: Includes 52,500 shares represented by restricted stock units ("RSU"). The RSUs vested as to 37.5% on December 10, 2021 and the remaining RSUs vest ratably on each of the next ten (10) 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.

F2: 25% of the stock option vested and became exercisable on April 1, 2021, and thereafter vest as to 1/48th of the shares in equal monthly installments, until such time as the option is 100% vested, subject to the continuing employment of the Reporting Person on each vesting date.