Filing Details
- Accession Number:
- 0001213900-25-007095
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2025-01-27 17:21:54
- Reporting Period:
- 2023-12-31
- Accepted Time:
- 2025-01-27 17:21:54
- SEC Url:
- Form 4 Filing
Issuer
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1780003 | Jessica Billingsley | C/O Nxu, Inc. 1828 N Higley Rd., Suite 116 Mesa AZ 85205 | Yes | No | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Acquisiton | 2023-12-31 | 13,158 | $0.00 | 797,658 | No | 4 | A | Direct | |
| Class A Common Stock | Disposition | 2024-11-18 | 353,871 | $0.29 | 443,787 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2024-12-20 | 147,929 | $0.00 | 295,858 | No | 4 | D | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | A | Direct | |
| No | 4 | S | Direct | |
| No | 4 | D | Direct |
Footnotes
- The reporting person was granted 13,158 restricted stock units ("RSUs") for services as a director of Nxu, Inc. (the "Issuer") for the fourth quarter of 2023. The number of RSUs granted was calculated by dividing $35,000 by $2.66, the closing share price of Class A common stock, par value $0.0001 per share ("Common Stock"), of the Issuer on December 27, 2023, and vested on the last business day of such quarter.
- Each RSU represents a contingent right to receive one share of Common Stock.
- Reflects total number of shares of Common Stock beneficially owned by the reporting person inclusive of the transaction that occurred on December 31, 2023 but was inadvertently not reported. The reporting person also inadvertently underreported the total amount of securities beneficially owned by one share of Common Stock in her Form 4 filed on December 10, 2024, which share should have been included when calculating the number of shares beneficially owned by the reporting person after the Issuer's 1-for-150 reverse stock split effected on December 27, 2023.
- The price reported in Column 4 is a weighted average price. These shares of Common Stock were sold in multiple transactions at prices ranging from $0.2811 to $0.3199, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of Common Stock sold at each separate price within the range set forth in this footnote (4).
Billionaire Hedge Funds
