4//SEC Filing
Billingsley Jessica 4
Accession 0001213900-25-007095
CIK 0001722969other
Filed
Jan 26, 7:00 PM ET
Accepted
Jan 27, 5:21 PM ET
Size
9.4 KB
Accession
0001213900-25-007095
Insider Transaction Report
Form 4
Nxu, Inc.NXU
Billingsley Jessica
Director
Transactions
- Sale
Class A Common Stock
2024-11-18$0.29/sh−353,871$103,189→ 443,787 total - Disposition to Issuer
Class A Common Stock
2024-12-20−147,929→ 295,858 total - Award
Class A Common Stock
2023-12-31+13,158→ 797,658 total
Footnotes (4)
- [F1]The reporting person was granted 13,158 restricted stock units ("RSUs") for services as a director of Nxu, Inc. (the "Issuer") for the fourth quarter of 2023. The number of RSUs granted was calculated by dividing $35,000 by $2.66, the closing share price of Class A common stock, par value $0.0001 per share ("Common Stock"), of the Issuer on December 27, 2023, and vested on the last business day of such quarter.
- [F2]Each RSU represents a contingent right to receive one share of Common Stock.
- [F3]Reflects total number of shares of Common Stock beneficially owned by the reporting person inclusive of the transaction that occurred on December 31, 2023 but was inadvertently not reported. The reporting person also inadvertently underreported the total amount of securities beneficially owned by one share of Common Stock in her Form 4 filed on December 10, 2024, which share should have been included when calculating the number of shares beneficially owned by the reporting person after the Issuer's 1-for-150 reverse stock split effected on December 27, 2023.
- [F4]The price reported in Column 4 is a weighted average price. These shares of Common Stock were sold in multiple transactions at prices ranging from $0.2811 to $0.3199, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of Common Stock sold at each separate price within the range set forth in this footnote (4).
Documents
Issuer
Nxu, Inc.
CIK 0001722969
Entity typeother
Related Parties
1- filerCIK 0001780003
Filing Metadata
- Form type
- 4
- Filed
- Jan 26, 7:00 PM ET
- Accepted
- Jan 27, 5:21 PM ET
- Size
- 9.4 KB