Nightengale Caryn M. 4
4 · Nxu, Inc. · Filed Aug 18, 2023
Insider Transaction Report
Form 4
Nxu, Inc.NXU
Nightengale Caryn M.
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2023-06-30−321,968→ 0 total→ Class A Common Stock (321,968 underlying) - Exercise/Conversion
Class A Common Stock
2023-06-30+374,998→ 374,998 total - Exercise/Conversion
Restricted Stock Units
2023-06-30−53,030→ 0 total→ Class A Common Stock (53,030 underlying) - Award
Restricted Stock Units
2023-05-15+321,968→ 321,968 total→ Class A Common Stock (321,968 underlying) - Award
Restricted Stock Units
2023-06-15+53,030→ 53,030 total→ Class A Common Stock (53,030 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Class A common stock of Nxu, Inc.
- [F2]On May 15, 2023, the Reporting Person was granted 321,968 Restricted Stock Units which vested on June 30, 2023.
- [F3]The Reporting Person is eligible to receive $35,000 of Restricted Stock Units each quarter. The number of Restricted Stock Units granted each quarter will be calculated by dividing $35,000 by the closing share price on the first trading day immediately preceding the 15th day of the last month of each quarter, and will vest on the last business day of such quarter. On June 15, 2023, the Reporting Person was granted 53,030 Restricted Stock Units, which vested on June 30, 2023.