Xos, Inc. — Director's Dealing 2023

Jan 12, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Xos, Inc. (XOS)
CIK: 0001819493
Period of Report: 2023-01-10

Reporting Person: Castaneda Jose (VP, Business Development)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-01-10	Common Stock	A	86206	—	Acquired	264349	Direct

Footnotes

F1: Represents the grant of Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of Common Stock upon settlement. The RSUs vest as to 25% on January 10, 2024 and the remaining RSUs vest ratably on each of the next thirty six (36) Monthly Vesting Dates thereafter. "Monthly Vesting Dates" mean the 10th of each calendar month, provided, however, that to the extent any such date occurs on a weekend day or U.S. federal holiday, the Monthly 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: Includes 219,929 unvested RSUs. Each RSU represents a contingent right to receive one share of common stock upon settlement.