4//SEC Filing
Hanchett Mark 4
Accession 0001214659-23-013646
CIK 0001722969other
Filed
Oct 17, 8:00 PM ET
Accepted
Oct 18, 5:20 PM ET
Size
7.1 KB
Accession
0001214659-23-013646
Insider Transaction Report
Form 4
Nxu, Inc.NXU
Hanchett Mark
DirectorChief Executive Officer10% Owner
Transactions
- Tax Payment
Class A Common Stock
2023-09-30$0.13/sh−326,229$42,410→ 26,589,642 total - Award
Class A Common Stock
2023-10-15+442,613→ 27,032,255 total
Footnotes (2)
- [F1]The Reporting Person is eligible to receive an aggregate of $1,450,000 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 $40,277.78 by the closing share price on the first trading day immediately preceding the 15th day of each month for thirty one (31) months beginning June 30, 2023 and will be calculated by dividing $110,277 by the closing share price on the first trading day immediately preceding the 15th day of each month for the final five (5) months from January 31, 2026 to May 31, 2026. On October 15, 2023, the Reporting Person was granted 442,613 Restricted Stock Units, which will vest on October 31, 2023.
- [F2]Each restricted stock unit represents a contingent right to receive one share of Class A common stock of Nxu, Inc.
Documents
Issuer
Nxu, Inc.
CIK 0001722969
Entity typeother
Related Parties
1- filerCIK 0001940474
Filing Metadata
- Form type
- 4
- Filed
- Oct 17, 8:00 PM ET
- Accepted
- Oct 18, 5:20 PM ET
- Size
- 7.1 KB