Pogosyan Liana's Form 4/A amendment
AmendedXos, Inc. (XOS) · filed Apr 29, 2024
- Accession no.
- 0001819493-24-000067
- Filed
- Apr 29, 2024
- Trade date
- Jul 10, 2023
- Filing delay
- 294 days
- Rule 10b5-1 plan
- Not checked
- Original filed
- Jul 12, 2023
This filing lists 2 non-derivative transactions. It was filed 294 days after the trade.
This amendment replaces 0001819493-23-000181 (filed Jul 12, 2023).
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 |
|---|---|
| Pogosyan LianaCIK 0001979040 | Officer (Acting 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 |
|---|---|---|---|---|---|---|---|---|
| Jul 10, 2023 | Common Stock | AGrant or awardAcquired | +7,936 | $0.00 | $0 | 13,395 | Direct | |
| Jul 10, 2023 | Common Stock | SSaleDisposed | −224 | $9.60 | −$2,150.4 | 13,171 | Direct | Price outlier |
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.
- F1
The Restricted Stock Unit ("RSU") Award shall vest in nine (9) equal installments on each Monthly Vesting Date beginning on September 09, 2023. "Monthly Vesting Date" means the 10th day of each month. Notwithstanding the foregoing, except as set forth below, vesting shall terminate upon the Participant's termination of Continuous Service, as described in Section 6(l) of the Agreement.
- F2
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.
- F3
Includes 11,737 unvested RSUs.
Remarks
Ms. Pogosyan's Form 4, as originally filed on July 12, 2023, is being amended to correct 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. An error in tax withholding rates in connection with the vesting of the Reporting Person's RSU Awards in 2023 and 2024 was recently discovered and corrected. As a result, this Amendment reflects the corrected withholding amounts. In addition, on December 6th, 2023, the common stock of Xos, Inc. reverse split 1-for-30, which is reflected in this Amendment.