Xos, Inc DEFA14A, filed May 6, 2024
Xos, Inc. (XOS)
DEFA14A
2024-05-06
View Original
Added on
October 16, 2026
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14A
Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934
Filed by the Registrant ☒
Filed by a party other than the Registrant ☐
Check the appropriate box:
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Preliminary Proxy Statement
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| ☐ |
Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))
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Definitive Proxy Statement
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Definitive Additional Materials
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Soliciting Material under §240.14a-12
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Xos, Inc.
(Name of Registrant as Specified In Its Charter)
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
Payment of Filing Fee (Check all boxes that apply):
| ☒ |
No fee required.
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| ☐ |
Fee paid previously with preliminary materials.
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Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11.
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XOS, INC.
SUPPLEMENT TO PROXY STATEMENT FOR
2024 ANNUAL MEETING OF STOCKHOLDERS
This Supplement, dated May 3, 2024 (this “Supplement”), supplements and amends the definitive proxy statement filed by Xos, Inc. (the “Company”) with
the Securities and Exchange Commission (the “SEC”) on April 29, 2024 (the “Proxy Statement”), in connection with the Company’s Annual Meeting of Stockholders to be held on June 24, 2024 (the “Annual Meeting”). The purpose of this Supplement is
to (i) correct an inadvertent error related to the 2023 target annual bonus amount of each of the Company’s Chief Operating Officer and General Counsel and Secretary, as disclosed on page 38 of the Proxy Statement. No other changes are being
made to the Proxy Statement or to the matters being submitted to the stockholders at the Annual Meeting. This Supplement does not reflect events occurring after the date of the Proxy Statement or modify or update disclosures that may have been
affected by subsequent events. Capitalized terms used but not otherwise defined in this Supplement have the meanings ascribed to them in the Proxy Statement. This Supplement should be read in conjunction with the Proxy Statement. This
Supplement is being filed with the SEC and is being made available to stockholders on or about May 3, 2024.
Revisions to Proxy Statement
The Company hereby revises the 2023 target annual bonus amount of each of the Company’s Chief Operating Officer and General
Counsel and Secretary on page 38 of the Proxy Statement to read in its entirety as follows:
The table below shows the (i) 2023 target annual bonus amount and (ii) 2023 actual payout for each of our NEOs under
the annual cash bonus program:
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2023 Target Amount
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Total Payout Percentage
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2023 Actual Payout
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Dakota Semler
Chief Executive Officer
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$
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425,000
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50
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%
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$
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212,500
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Giordano Sordoni
Chief Operating Officer
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223,000
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50
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%
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111,500
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Christen Romero
General Counsel and Secretary
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183,000
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50
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%
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91,500
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IMPORTANT NOTICE REGARDING THE AVAILABILITY OF PROXY MATERIALS FOR THE
ANNUAL MEETING OF STOCKHOLDERS TO BE HELD ON JUNE 24, 2024
This Supplement, along with the Notice of Annual Meeting of Stockholders, Proxy Statement and Company’s Annual Report on Form 10-K for the year ended
December 31, 2023, are available at www.proxyvote.com and https://www.xostrucks.com/sec-filings.