Xos, Inc. — Director's Dealing 2024

Mar 13, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Xos, Inc. (XOS)
CIK: 0001819493
Period of Report: 2024-03-10

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-03-10	Common Stock	A	11574	—	Acquired	231938	Direct
2024-03-10	Common Stock	F	64	$12.48	Disposed	231874	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5626	Indirect
Common Stock	1791530	Indirect

Footnotes

F1: The Restricted Stock Unit ("RSU") Award shall vest in six (6) equal installments on each Monthly Vesting Date beginning on April 10, 2024. "Monthly Vesting Date" means the 10th day of each month. Notwithstanding the foregoing, except as set forth below, vesting shall terminate upon the Participant's termination of Continuous Service, as described in Section 6(l) of the 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 120,983 unvested RSUs.

F4: 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.

F5: Shares held by Emerald Green Trust, of which Mr. Semler is a beneficiary.