Xos, Inc. — Director's Dealing 2023

Jan 10, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Xos, Inc. (XOS)
CIK: 0001819493
Period of Report: 2023-01-05

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-01-05	Common Stock	P	15000	$0.64	Acquired	3218040	Direct
2023-01-06	Common Stock	P	80000	$0.81	Acquired	3298040	Direct
2023-01-09	Common Stock	P	155189	$0.94	Acquired	3453229	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	53745903	Indirect
Common Stock	502120	Indirect

Footnotes

F1: The transaction being reported was effected pursuant to a previously established Rule 10b5-1 trading plan.

F2: Represents weighted average sales price. The shares were sold at prices ranging from $0.57 to $0.66. The Reporting Person will provide upon request, to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.

F3: Includes 217,687 unvested restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of common stock upon settlement.

F4: Represents weighted average sales price. The shares were sold at prices ranging from $0.67 to $0.83. The Reporting Person will provide upon request, to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.

F5: Represents weighted average sales price. The shares were sold at prices ranging from $0.81 to $1.01. The Reporting Person will provide upon request, to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.

F6: Shares held by Emerald Green Trust, of which Mr. Semler is a beneficiary.

F7: 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.