ANOUSHEH ANSARI - 12 Jun 2023 Form 4 Insider Report for Xos, Inc. (XOS)

Role
Director
Signature
/s/ Christen Romero, Attorney- in-Fact for Anousheh Ansari
Issuer symbol
XOS
Transactions as of
12 Jun 2023
Transactions value $
$0
Form type
4
Filing time
14 Jun 2023, 16:12:41 UTC
Previous filing
24 Oct 2022
Next filing
07 Jul 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XOS Common Stock Award $0 +444K +175.96% $0.00 697K 12 Jun 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares reported in this transaction represent Restricted Stock Units ("RSUs"). The RSUs vest on the earlier of (i) the first anniversary of the Grant date and (ii) the day of the Company's 2024 Annual Meeting, subject to the Reporting Person's continuous service with Xos, Inc. through the vesting date.
F2 Includes 503,151 unvested RSUs. Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement.