Home/Filings/4/0001819493-23-000145
4//SEC Filing

Mattson George N 4

Accession 0001819493-23-000145

CIK 0001819493other

Filed

Jun 13, 8:00 PM ET

Accepted

Jun 14, 4:13 PM ET

Size

8.6 KB

Accession

0001819493-23-000145

Insider Transaction Report

Form 4
Period: 2023-04-13
Transactions
  • Purchase

    Common Stock

    2023-04-13$0.70/sh+98,270$68,7891,000,000 total(indirect: By LLC)
  • Award

    Common Stock

    2023-06-12+444,444805,448 total
Holdings
  • Common Stock

    (indirect: By LLC)
    3,973,525
Footnotes (6)
  • [F1]The transaction being reported was effected pursuant to a previously established Rule 10b5-1 trading plan.
  • [F2]Represents weighted average sales price. The shares were sold at prices ranging from $0.62 to $0.75. The Reporting Person will provide upon request, to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
  • [F3]Shares are held by GNM ICBC LLC ("GNM ICBC"). The Reporting Person may be deemed to beneficially own such shares by virtue of his control over GNM ICBC. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
  • [F4]The shares reported in this transaction represent Restricted Stock Units ("RSUs"). The RSUs vest on the earlier of (i) the first anniversary of the Grant date and (ii) the day of the Company's 2024 Annual Meeting, subject to the Reporting Person's continuous service with Xos, Inc. through the vesting date.
  • [F5]Includes 482,597 unvested RSUs. Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement.
  • [F6]Shares are held by NGAC GNM Feeder LLC ("NGAC"). The Reporting Person may be deemed to beneficially own such shares by virtue of his shared control over NGAC. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.

Issuer

Xos, Inc.

CIK 0001819493

Entity typeother

Related Parties

1
  • filerCIK 0001559238

Filing Metadata

Form type
4
Filed
Jun 13, 8:00 PM ET
Accepted
Jun 14, 4:13 PM ET
Size
8.6 KB