Xos, Inc. — Director's Dealing 2024

Jul 13, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Xos, Inc. (XOS)
CIK: 0001819493
Period of Report: 2024-07-10

Reporting Person: Mattson George N (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-07-10	Common Stock	A	28694	—	Acquired	59224	Direct
2024-07-10	Common Stock	A	1254	—	Acquired	60478	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	131250	Indirect
Common Stock	33333	Indirect

Footnotes

F1: The shares reported in this transaction represent Restricted Stock Units ("RSUs"), each of which represents a contingent right to receive one share of the Issuer's common stock upon settlement. The RSUs vest on the earlier of (i) the first anniversary of the Grant date and (ii) the day of the Company's 2025 Annual Meeting, subject to the Reporting Person's continuous service with Xos, Inc. through the vesting date.

F2: Includes 29,330 unvested RSUs.

F3: Represents RSUs issued to the director in lieu of their cash retainer for the director's service in Q2 2024. The RSUs reported vested immediately on the date of grant.

F4: Due to a typographical error, the Reporting Person's ownership of common stock was previously reported incorrectly as 132,450 shares. The amount has been corrected on this form.

F5: Shares are held by NGAC GNM Feeder LLC ("NGAC"). The Reporting Person may be deemed to beneficially own such shares by virtue of his shared control over NGAC. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.

F6: Shares are held by GNM ICBC LLC ("GNM ICBC"). The Reporting Person may be deemed to beneficially own such shares by virtue of his control over GNM ICBC. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.