Alice Jackson - 10 Jul 2024 Form 4 Insider Report for Xos, Inc. (XOS)

Role
Director
Signature
/s/ Christen Romero, Attorney- in-Fact for Alice Jackson
Issuer symbol
XOS
Transactions as of
10 Jul 2024
Net transactions value
$0
Form type
4
Filing time
12 Jul 2024, 20:26:50 UTC
Previous filing
17 Jan 2024
Next filing
14 Jan 2025
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 +28,694 +140% $0.000000 49,213 10 Jul 2024 Direct F1, F2
transaction XOS Common Stock Award $0 +358 +0.73% $0.000000 49,571 10 Jul 2024 Direct F2, F3
* 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"), 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 29,672 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.