4//SEC Filing
Afemikhe Kingsley 4
Accession 0001209191-21-053168
CIK 0001819493other
Filed
Aug 23, 8:00 PM ET
Accepted
Aug 24, 5:04 PM ET
Size
8.1 KB
Accession
0001209191-21-053168
Insider Transaction Report
Form 4
Xos, Inc.XOS
Afemikhe Kingsley
Chief Financial Officer
Transactions
- Award
Stock Option (Right to Buy)
2021-08-20+775,851→ 775,851 totalExercise: $0.01Exp: 2030-07-21→ Common Stock (775,851 underlying) - Award
Common Stock
2021-08-20+258,615→ 258,615 total
Footnotes (3)
- [F1]Received pursuant to the Agreement and Plan of Merger, dated as of February 21, 2021, as amended on May 14, 2021, by and among NextGen Acquisition Corporation ("Acquiror"), Sky Merger Sub I, Inc., a Delaware corporation and wholly owned subsidiary of Acquiror ("Merger Sub") and Xos, Inc. ("Xos"), pursuant to which Merger Sub was merged with and into Xos, whereupon the separate existence of Merger Sub ceased and Xos became the surviving company and continued in existence as a subsidiary of Acquiror, which subsequently changed its name to Xos, Inc. (the "Issuer").
- [F2]25% of the stock option vested and became exercisable on August 1, 2021, and thereafter vests as to 1/48th of the shares in equal monthly installments, until such time as the option is 100% vested, subject to the continuing employment of the Reporting Person on each vesting date.
- [F3]Received in exchange for a Stock Option to purchase 528,750 shares of Xos Common Stock, of which 132,187 have been exercised.
Documents
Issuer
Xos, Inc.
CIK 0001819493
Entity typeother
Related Parties
1- filerCIK 0001877932
Filing Metadata
- Form type
- 4
- Filed
- Aug 23, 8:00 PM ET
- Accepted
- Aug 24, 5:04 PM ET
- Size
- 8.1 KB