4//SEC Filing
Semler Dakota 4
Accession 0001819493-24-000201
CIK 0001819493other
Filed
Dec 12, 7:00 PM ET
Accepted
Dec 13, 10:31 AM ET
Size
8.5 KB
Accession
0001819493-24-000201
Insider Transaction Report
Form 4
Xos, Inc.XOS
Semler Dakota
DirectorChief Executive Officer
Transactions
- Award
Common Stock
2024-12-10+46,027→ 521,335 total - Tax Payment
Common Stock
2024-12-10$3.71/sh−3,579$13,278→ 517,756 total
Holdings
- 0(indirect: See Footnote (4))
Common Stock
Footnotes (4)
- [F1]The Restricted Stock Unit ("RSU") Award shall vest in six approximately equal installments on each of the six Monthly Vesting Dates starting with December 10, 2024 provided that the Reporting Person has not accepted a Salary Increase prior to such Monthly Vesting Date. "Monthly Vesting Date" means the 10th day of each calendar month. "Salary Increase" means the Reporting Person accepting any amount of salary from the Issuer above the rate that was in effect on October 28, 2024. Notwithstanding the foregoing, vesting shall terminate upon the Reporting Person's termination of continuous service, as described in Section 6(l) of the Global RSU Award Agreement.
- [F2]Includes 365,275 unvested RSUs.
- [F3]Represents the number of shares withheld by the Issuer to satisfy the tax withholding obligations in connection with the vesting of the Reporting Person's previously reported RSU Award. Each RSU represents a contingent right to receive one share of common stock upon settlement.
- [F4]The Reporting Person had previously reported indirect beneficial ownership of shares held by GenFleet LLC, a limited liability company whose sole member is a trust of which the Reporting Person is a beneficiary, and by Emerald Green Trust, a trust of which the Reporting Person is a beneficiary. The Reporting Person is no longer reporting holdings of such entities, because the Reporting Person is not a beneficial owner of such shares within the meaning of Rule 16a-1(a)(2) promulgated under the Securities Exchange Act of 1934, as amended.
Documents
Issuer
Xos, Inc.
CIK 0001819493
Entity typeother
Related Parties
1- filerCIK 0001877933
Filing Metadata
- Form type
- 4
- Filed
- Dec 12, 7:00 PM ET
- Accepted
- Dec 13, 10:31 AM ET
- Size
- 8.5 KB