Lord Douglas C 4
4 · XEROX CORP · Filed Apr 3, 2009
Insider Transaction Report
Form 4
XEROX CORPXRX
Lord Douglas C
Vice President
Transactions
- Other
Restricted Stock Units
2009-04-01−8,550→ 60,852 total - Other
Common Stock
2009-04-01+8,550→ 42,198 total - Exercise/Conversion
Common Stock
2009-04-01+10,047→ 52,245 total - Award
Performance Shares
2009-04-01+4,347→ 12,830 totalExercise: $0.00From: 1988-08-08Exp: 1988-08-08→ Common Stock (4,347 underlying) - Tax Payment
Common Stock
2009-04-01$4.75/sh−8,344$39,634→ 43,901 total - Exercise/Conversion
Performance Shares
2009-04-01−10,047→ 2,783 totalExercise: $0.00From: 1988-08-08Exp: 1988-08-08→ Common Stock (10,047 underlying)
Footnotes (5)
- [F1]Vesting of restricted stock award.
- [F2]Share withholding for tax purposes reflects 3,835 shares withheld for vesting of restricted stock award of 8,550 shares and 4,509 shares withheld for 10,047 performance shares vested.
- [F3]Not applicable.
- [F4]These Performance Shares were earned based on achievement of specific performance criteria that are not tied to the market price of issuer securities. Performance shares, to the extent earned, are scheduled to vest three years from their respective earned date.
- [F5]Performance Shares vested and converted to shares of Common Stock.