XEROX CORP 4
4 · XEROX CORP · Filed Jan 6, 2017
Insider Transaction Report
Form 4
XEROX CORPXRX
Jacobson Jeffrey
Executive Vice President
Transactions
- Award
Common Stock
2017-01-03$6.89/sh+33,801$232,889→ 99,301 total - Tax Payment
Common Stock
2017-01-03$6.89/sh−12,491$86,063→ 86,810 total
Holdings
- 330,463
Restricted Stock Units
Footnotes (3)
- [F1]Performance Shares vested and converted to shares of Common Stock.
- [F2]Shares withheld to pay for taxes on Performance Shares that have vested.
- [F3]Reflects an antidilution adjustment to the number of RSUs that was made in connection with the legal and structural separation (the "Spin-Off") of Conduent Incorporated from Xerox Corporation ("Xerox"). The number of shares of Xerox's common stock subject to the award was adjusted based on the number of the shares subject to the RSU award immediately prior to the Spin-Off and (ii) the ratio of (A) the pre-Spin-Off closing price on December 30, 2016 of Xerox's common stock and (B ) the volume weighted average price of Xerox's common stock trading on the New York Stock Exchange on January 3, 2017.