Filing Details

Accession Number:
0001819493-23-000145
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-06-14 16:13:19
Reporting Period:
2023-04-13
Accepted Time:
2023-06-14 16:13:19
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1819493 Xos Inc. XOS () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1559238 N George Mattson C/O Xos, Inc.
3550 Tyburn Street, Unit 100
Los Angeles CA 90065
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2023-04-13 98,270 $0.70 1,000,000 No 4 P Indirect GNM ICBC LLC
Common Stock Acquisiton 2023-06-12 444,444 $0.00 805,448 No 4 A Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect GNM ICBC LLC
No 4 A Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 3,973,525 Indirect NGAC GNM Feeder LLC
Footnotes
  1. The transaction being reported was effected pursuant to a previously established Rule 10b5-1 trading plan.
  2. 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.
  3. 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.
  4. 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.
  5. Includes 482,597 unvested RSUs. Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement.
  6. 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.