4//SEC Filing
Dwivedi Apoorv 4
Accession 0001214659-23-011518
CIK 0001722969other
Filed
Aug 17, 8:00 PM ET
Accepted
Aug 18, 6:55 PM ET
Size
25.4 KB
Accession
0001214659-23-011518
Insider Transaction Report
Form 4
Nxu, Inc.NXU
Dwivedi Apoorv
Chief Financial Officer
Transactions
- Award
Restricted Stock Unit
2023-07-15+14,368→ 14,368 total→ Class A Common Stock (14,368 underlying) - Exercise/Conversion
Restricted Stock Unit
2023-06-30−12,627→ 0 total→ Class A Common Stock (12,627 underlying) - Exercise/Conversion
Class A Common Stock
2023-06-30+126,263→ 459,052 total - Tax Payment
Class A Common Stock
2023-08-09$0.29/sh−92,790$26,909→ 380,630 total - Award
Restricted Stock Unit
2023-06-15+113,636→ 113,636 total→ Class A Common Stock (113,636 underlying) - Award
Restricted Stock Unit
2023-08-15+14,368→ 14,368 total→ Class A Common Stock (14,368 underlying) - Exercise/Conversion
Class A Common Stock
2023-07-30+14,368→ 473,420 total - Award
Restricted Stock Unit
2023-06-15+12,627→ 12,627 total→ Class A Common Stock (12,627 underlying) - Exercise/Conversion
Restricted Stock Unit
2023-06-30−113,636→ 0 total→ Class A Common Stock (113,636 underlying) - Exercise/Conversion
Restricted Stock Unit
2023-07-30−14,368→ 0 total→ Class A Common Stock (14,368 underlying)
Footnotes (6)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Class A common stock of Nxu, Inc.
- [F2]The price in Column 4 is a weighted average price. The actual sales price for these transactions ranged from $0.20 to $0.30. The Reporting Person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
- [F3]The Reporting Person is eligible to receive $75,000 of Restricted Stock Units each quarter. The number of Restricted Stock Units granted each quarter will be calculated by dividing $75,000 by the closing share price on the first trading day immediately preceding the 15th day of the last month of each quarter, and will vest on the last business day of such quarter. On June 15, 2023, the Reporting Person was granted 113,636 Restricted Stock Units, which vested on June 30, 2023.
- [F4]The Reporting Person is eligible to receive an aggregate of $300,000 of Restricted Stock Units, which vest monthly in equal installments over thirty-six months. The number of Restricted Stock Units granted each month will be calculated by dividing 83,333.33 by the closing share price on the first trading day immediately preceding the 15th day of each month for thirty-six months from June 30, 2023 to May 31, 2026, and will vest on the last business day of such month. On June 15, 2023, the Reporting Person was granted 12,627 Restricted Stock Units, which vested on June 30, 2023.
- [F5]The Reporting Person is eligible to receive an aggregate of $300,000 of Restricted Stock Units, which vest monthly in equal installments over thirty-six months. The number of Restricted Stock Units granted each month will be calculated by dividing 83,333.33 by the closing share price on the first trading day immediately preceding the 15th day of each month for thirty-six months from June 30, 2023 to May 31, 2026, and will vest on the last business day of such month. On July 15, 2023, the Reporting Person was granted 14,368 Restricted Stock Units, which vested on July 30, 2023.
- [F6]The Reporting Person is eligible to receive an aggregate of $300,000 of Restricted Stock Units, which vest monthly in equal installments over thirty-six months. The number of Restricted Stock Units granted each month will be calculated by dividing 83,333.33 by the closing share price on the first trading day immediately preceding the 15th day of each month for thirty-six months from June 30, 2023 to May 31, 2026, and will vest on the last business day of such month. On August 15, 2023, the Reporting Person was granted 14,368 Restricted Stock Units, which will vest on August 30, 2023.
Documents
Issuer
Nxu, Inc.
CIK 0001722969
Entity typeother
Related Parties
1- filerCIK 0001940471
Filing Metadata
- Form type
- 4
- Filed
- Aug 17, 8:00 PM ET
- Accepted
- Aug 18, 6:55 PM ET
- Size
- 25.4 KB