Form 4 for XOS Xos, Inc.
Accepted 2021-11-15 00:00:00 ET · period of report 2021-11-10 · accession 0001209191-21-064617 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2021-11-15 | 2021-09-28 | XOS | Mattson George N | Dir | J - Other | $0.00 | +3.94M | 3.94M | New | $0 |
| DM | 2021-11-15 | 2021-11-10 | XOS | Mattson George N | Dir | A - Grant | — | +89.0K | 57.2K | New | — |
| DI | 2021-11-15 | 2021-09-28 | XOS | Mattson George N | Dir | J - Other | — | +2.66M | 2.66M | New | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-09-28 | J | A | 3,937,525 | $0.00 | 3,937,525 | I By LLC | — | — | (F1) Is comprised of 3,937,525 shares and 2,660,020 warrants received as a liquidating distribution from NextGen Sponsor LLC. In prior reports, the Reporting Person reported beneficial ownership of 9,375,000 shares of Issuer's Common Stock held by the NextGen Sponsor LLC, of which the Reporting Person is Manager. (F2) Shares are held by NGAC GNM Feeder LLC and received as part of a pro rata distribution by NextGen Sponsor LLC of all of its securities of Xos, Inc., which is exempt from Section 16 by 17 CFR 240.16a-9. The transaction is being voluntarily reported for informational purposes. |
| 2 | Derivative | Restricted Stock Unit | 2021-11-10 | A | A | 31,794 | — | 31,794 | D | — · — to — | 31,794 Common Stock | (F3) The price is N/A. (F6) The restricted stock units vest on the earlier of (i) the first anniversary of the Grant Date and (ii) the day before the next annual meeting of Xos, Inc. following the Grant Date, subject to such individual's continuous service with Xos, Inc. through the vesting date. (F5) Date is N/A. |
| 3 | Derivative | Common Stock Warrant (Right to Buy) | 2021-09-28 | J | A | 2,660,020 | — | 2,660,020 | I By LLC | $11.50 · 2021-09-20 to 2026-08-20 | 2,660,020 Common Stock | (F3) The price is N/A. (F1) Is comprised of 3,937,525 shares and 2,660,020 warrants received as a liquidating distribution from NextGen Sponsor LLC. In prior reports, the Reporting Person reported beneficial ownership of 9,375,000 shares of Issuer's Common Stock held by the NextGen Sponsor LLC, of which the Reporting Person is Manager. (F2) Shares are held by NGAC GNM Feeder LLC and received as part of a pro rata distribution by NextGen Sponsor LLC of all of its securities of Xos, Inc., which is exempt from Section 16 by 17 CFR 240.16a-9. The transaction is being voluntarily reported for informational purposes. |
| 4 | Derivative | Restricted Stock Unit | 2021-11-10 | A | A | 57,229 | — | 57,229 | D | — · — to — | 57,229 Common Stock | (F3) The price is N/A. (F4) The restricted stock units vest in a series of three equal annual installments on each of the first, second and third year anniversaries of the grant date of November 10, 2021 (the "Grant Date"), subject to such individual's continuous service with Xos, Inc. through such vesting date. (F5) Date is N/A. |