4//SEC Filing
Dwivedi Apoorv 4
Accession 0001214659-23-012098
CIK 0001722969other
Filed
Sep 4, 8:00 PM ET
Accepted
Sep 5, 5:20 PM ET
Size
7.7 KB
Accession
0001214659-23-012098
Insider Transaction Report
Form 4
Nxu, Inc.NXU
Dwivedi Apoorv
Chief Financial Officer
Transactions
- Exercise/Conversion
Restricted Stock Unit
2023-08-31−41,667→ 0 total→ Class A Common Stock (41,667 underlying) - Exercise/Conversion
Class A Common Stock
2023-08-31+41,667→ 422,297 total
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Class A common stock of Nxu, Inc.
- [F2]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 $8,333.33 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 41,667 Restricted Stock Units, which vested on August 31, 2023. The Reporting Person previously filed a Form 4 with the SEC on August 18, 2023 which incorrectly reported that the number of Restricted Stock Units granted was 14,368 due to administrative error.
Documents
Issuer
Nxu, Inc.
CIK 0001722969
Entity typeother
Related Parties
1- filerCIK 0001940471
Filing Metadata
- Form type
- 4
- Filed
- Sep 4, 8:00 PM ET
- Accepted
- Sep 5, 5:20 PM ET
- Size
- 7.7 KB