4//SEC Filing
Kerr Jason S. 4
Accession 0000950142-22-003067
CIK 0001929561other
Filed
Nov 2, 8:00 PM ET
Accepted
Nov 3, 7:21 PM ET
Size
5.9 KB
Accession
0000950142-22-003067
Insider Transaction Report
Form 4
RXO, Inc.RXO
Kerr Jason S.
Chief Accounting Officer
Transactions
- Award
Common Stock
2022-11-01+87,116→ 87,116 total
Footnotes (2)
- [F1]On October 3, 2022, the Reporting Person was granted unvested Restricted Stock Units ("RSUs") by XPO Logistics, Inc. ("XPO"), subject to the satisfaction of certain predetermined performance criteria. On November 1, 2022, as a result of the completion of a pro rata distribution (the "Distribution") of all of the shares of the Issuer's Common Stock by XPO, the performance criteria applicable to such RSUs was satisfied and the RSUs were settled in the form of restricted shares of XPO that were converted into shares of Issuer Common Stock in connection with the Distribution. A percentage of the shares of Common Stock are subject to lock-up restrictions and clawback conditions through the following applicable dates: (CONT'D in FN 2)
- [F2](CONT'D from FN 1) 100% from November 1, 2022 up to and including October 3, 2023; 87.5% from October 3, 2023 up to and including October 3, 2024; 75% from October 3, 2024 up to and including October 3, 2025; 50% from October 3, 2025 up to and including October 3, 2026; and 25% from October 3, 2026 up to and including October 3, 2027.
Documents
Issuer
RXO, Inc.
CIK 0001929561
Entity typeother
Related Parties
1- filerCIK 0001645863
Filing Metadata
- Form type
- 4
- Filed
- Nov 2, 8:00 PM ET
- Accepted
- Nov 3, 7:21 PM ET
- Size
- 5.9 KB