Dwivedi Apoorv's Form 4 filing
Nxu, Inc. (NXU) · filed Apr 19, 2024
- Accession no.
- 0001214659-24-007230
- Filed
- Apr 19, 2024, 9:35 PM ET
- Trade date
- Sep 15-Dec 4, 2023
- Filing delay
- 217 daysLate
- Rule 10b5-1 plan
- Not checked
This filing lists 6 non-derivative transactions. Open-market sales total $786. It was filed 217 days after the trade, past the 2-business-day deadline.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Dwivedi ApoorvCIK 0001940471 | Officer (Chief Financial Officer) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Sep 15, 2023 | Class A Common Stock | AGrant or awardAcquired | +66,667 | –F3 | – | 936,630 | Direct | |
| Oct 19, 2023 | Class A Common Stock | SSaleDisposed | −19,650 | $0.04F2 | −$786 | 916,980 | Direct | |
| Oct 31, 2023 | Class A Common Stock | AGrant or awardAcquired | +238,095 | –F5 | – | 1,155,075 | Direct | |
| Nov 30, 2023 | Class A Common Stock | AGrant or awardAcquired | +416,667 | –F5 | – | 1,572,742 | Direct | |
| Dec 4, 2023 | Class A Common Stock | AGrant or awardAcquired | +20,000 | –F5 | – | 1,591,742 | Direct | |
| Dec 4, 2023 | Class A Common Stock | AGrant or awardAcquired | +30,000 | –F5 | – | 1,621,742 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F2
The Reporting Person is eligible to receive a number of Performance Stock Units with a value of up to 6.25% of the Reporting Person's total annual compensation each quarter for four quarters, subject to the Reporting Person's continuous service and certain other performance conditions, beginning on the last day of the third quarter of 2023. The number of Performance Stock Units granted is calculated by dividing the dollar value of the award by the closing share price on the first trading day immediately preceding the 15th day of the month prior to each vesting date. On September 15, 2023, the Reporting Person was granted 66,667 Performance Stock Units, which vested on September 30, 2023. The Performance Stock Units may be settled solely by delivery of an equal number of shares of Class A common stock of the Issuer
Referenced by the price of 1 transaction in Table I.
- F3
Each restricted stock unit represents a contingent right to receive one share of Class A common stock of the Issuer.
Referenced by the price of 1 transaction in Table I.
- F5
These Restricted Stock Units were vested upon the Reporting Person's separation from the Company.
Referenced by the price of 4 transactions in Table I.