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Xos, Inc. — Director's Dealing 2024
Aug 14, 2024
34909_dirs_2024-08-13_e65265cb-ef04-4374-862a-e5837d6350e6.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: 2024-08-10
Reporting Person: Sordoni Giordano (Director, Chief Operating Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-08-10 | Common Stock | A | 241226 | — | Acquired | 1138398 | Direct |
| 2024-08-10 | Common Stock | F | 1897 | $5.19 | Disposed | 1136501 | Direct |
Footnotes
F1: Approximately 33% of the Restricted Stock Unit ("RSU") Award shall vest on April 10, 2025 (the "Initial Vesting Date"), and the remainder of the RSU Award shall vest in twenty-four (24) approximately equal installments on each Monthly Vesting Date immediately following the Initial Vesting Date. "Monthly Vesting Date" means the 10th day of each month. Notwithstanding the foregoing, vesting shall terminate upon the Reporting Person's termination of continuous service, as described in Section 6(l) of the Global RSU Award Agreement.
F2: Represents the number of shares withheld by the Issuer to satisfy the tax withholding obligations in connection with the vesting of the Reporting Person's previously reported RSU Award. Each RSU represents a contingent right to receive one share of common stock upon settlement.
F3: Includes 319,145 unvested RSUs.