0001214659-23-011518.txt : 20230818 0001214659-23-011518.hdr.sgml : 20230818 20230818185512 ACCESSION NUMBER: 0001214659-23-011518 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230615 FILED AS OF DATE: 20230818 DATE AS OF CHANGE: 20230818 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Dwivedi Apoorv CENTRAL INDEX KEY: 0001940471 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-41509 FILM NUMBER: 231186980 MAIL ADDRESS: STREET 1: C/O ATLIS, INC. STREET 2: 1828 N. HIGLEY RD. SUITE #116 CITY: MESA STATE: AZ ZIP: 85205 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Nxu, Inc. CENTRAL INDEX KEY: 0001722969 STANDARD INDUSTRIAL CLASSIFICATION: TRUCK & BUS BODIES [3713] IRS NUMBER: 814380534 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 7259 EAST POSADA AVE CITY: MESA STATE: AZ ZIP: 85212 BUSINESS PHONE: 602-309-5425 MAIL ADDRESS: STREET 1: 1828 N HIGLEY RD STREET 2: SUITE 116 CITY: MESA STATE: AZ ZIP: 85205 FORMER COMPANY: FORMER CONFORMED NAME: Atlis Motor Vehicles Inc DATE OF NAME CHANGE: 20171116 4 1 marketforms-62248.xml PRIMARY DOCUMENT X0508 4 2023-06-15 0001722969 Nxu, Inc. NXU 0001940471 Dwivedi Apoorv C/O NXU, INC. 1828 N. HIGLEY RD., SUITE 116 MESA AZ 85205 false true false false Chief Financial Officer 0 Class A Common Stock 2023-06-30 4 M false 126263 A 459052 D Class A Common Stock 2023-07-30 4 M false 14368 A 473420 D Class A Common Stock 2023-08-09 4 F false 92790 0.29 D 380630 D Restricted Stock Unit 2023-06-15 4 A false 113636 0 A Class A Common Stock 113636 113636 D Restricted Stock Unit 2023-06-15 4 A false 12627 0 A Class A Common Stock 12627 12627 D Restricted Stock Unit 2023-06-30 4 M false 113636 0 D Class A Common Stock 113636 0 D Restricted Stock Unit 2023-06-30 4 M false 12627 0 D Class A Common Stock 12627 0 D Restricted Stock Unit 2023-07-15 4 A false 14368 0 A Class A Common Stock 14368 14368 D Restricted Stock Unit 2023-07-30 4 M false 14368 0 D Class A Common Stock 14368 0 D Restricted Stock Unit 2023-08-15 4 A false 14368 0 A Class A Common Stock 14368 14368 D Each restricted stock unit represents a contingent right to receive one share of Class A common stock of Nxu, Inc. The price in Column 4 is a weighted average price. The actual sales price for these transactions ranged from $0.20 to $0.30. The Reporting Person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range. The Reporting Person is eligible to receive $75,000 of Restricted Stock Units each quarter. The number of Restricted Stock Units granted each quarter will be calculated by dividing $75,000 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 113,636 Restricted Stock Units, which vested on June 30, 2023. The Reporting Person is eligible to receive an aggregate of $300,000 of Restricted Stock Units, which vest monthly in equal installments over thirty-six months. The number of Restricted Stock Units granted each month will be calculated by dividing 83,333.33 by the closing share price on the first trading day immediately preceding the 15th day of each month for thirty-six months from June 30, 2023 to May 31, 2026, and will vest on the last business day of such month. On June 15, 2023, the Reporting Person was granted 12,627 Restricted Stock Units, which vested on June 30, 2023. The Reporting Person is eligible to receive an aggregate of $300,000 of Restricted Stock Units, which vest monthly in equal installments over thirty-six months. The number of Restricted Stock Units granted each month will be calculated by dividing 83,333.33 by the closing share price on the first trading day immediately preceding the 15th day of each month for thirty-six months from June 30, 2023 to May 31, 2026, and will vest on the last business day of such month. On July 15, 2023, the Reporting Person was granted 14,368 Restricted Stock Units, which vested on July 30, 2023. The Reporting Person is eligible to receive an aggregate of $300,000 of Restricted Stock Units, which vest monthly in equal installments over thirty-six months. The number of Restricted Stock Units granted each month will be calculated by dividing 83,333.33 by the closing share price on the first trading day immediately preceding the 15th day of each month for thirty-six months from June 30, 2023 to May 31, 2026, and will vest on the last business day of such month. On August 15, 2023, the Reporting Person was granted 14,368 Restricted Stock Units, which will vest on August 30, 2023. /s/ Apoorv Dwivedi, as attorney-in-fact 2023-08-18