Bates David J. 4
4 · XPO, Inc. · Filed Apr 25, 2023
Insider Transaction Report
Form 4
XPO, Inc.XPO
Bates David J.
Chief Operating Officer
Transactions
- Award
Restricted Stock Unit
2023-04-21+11,926→ 11,926 total→ Common Stock, par value $0.001 per share (11,926 underlying) - Award
Restricted Stock Unit
2023-04-21+60,200→ 60,200 total→ Common Stock, par value $0.001 per share (60,200 underlying)
Footnotes (3)
- [F1]Each Restricted Stock Unit ("RSU") represents a contingent right to receive, upon settlement, either (i) one share of Common Stock or (ii) a cash payment equal to the fair market value of one share of Common Stock.
- [F2]These RSUs vest in three equal annual installments on March 15, 2024, March 15, 2025 and March 15, 2026, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.
- [F3]These RSUs vest in two equal annual installments on April 21, 2024 and April 21, 2025, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.