4//SEC Filing
Signorello Christopher J. 4
Accession 0000950142-24-002098
CIK 0001236275other
Filed
Jul 31, 8:00 PM ET
Accepted
Aug 1, 9:57 PM ET
Size
9.0 KB
Accession
0000950142-24-002098
Insider Transaction Report
Form 4
QXO, Inc.QXO
Signorello Christopher J.
Chief Legal Officer
Transactions
- Award
Restricted Stock Unit
2024-07-30+165,000→ 165,000 total→ Common Stock (165,000 underlying) - Award
Performance Stock Unit
2024-07-30+165,000→ 165,000 total→ Common Stock (165,000 underlying)
Footnotes (4)
- [F1]Each RSU represents a contingent right to receive, upon settlement, one share of Common Stock.
- [F2]The RSUs vest in five installments of 15% on December 31, 2025, 17.5% on December 31, 2026, 17.5% on December 31, 2027, 25% on December 31, 2028 and 25% on December 31, 2029, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.
- [F3]Each PSU represents a contingent right to receive one share of Common Stock.
- [F4]The PSUs will vest depending on the Issuer's total shareholder return ("TSR") over, for 50% of the PSUs, a performance period beginning on the grant date and ending on December 31, 2028, for 12.5% of the PSUs, a performance period beginning on the grant date and ending on December 31, 2025, for 12.5% of the PSUs, a one-year performance period ending on December 31, 2026, for 12.5% of the PSUs, a one-year performance period ending on December 31, 2027, and for 12.5% of the PSUs, a one-year performance period ending on December 31, 2028, in each case, relative to companies in the S&P500 Index, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date. The maximum number of PSUs that may vest is capped at 225% of the target number of PSUs.
Documents
Issuer
QXO, Inc.
CIK 0001236275
Entity typeother
Related Parties
1- filerCIK 0001949629
Filing Metadata
- Form type
- 4
- Filed
- Jul 31, 8:00 PM ET
- Accepted
- Aug 1, 9:57 PM ET
- Size
- 9.0 KB