4//SEC Filing
Harik Mario A 4
Accession 0001166003-24-000088
CIK 0001166003other
Filed
Dec 30, 7:00 PM ET
Accepted
Dec 31, 6:16 PM ET
Size
9.1 KB
Accession
0001166003-24-000088
Insider Transaction Report
Form 4
XPO, Inc.XPO
Harik Mario A
CHIEF INFORMATION OFFICER
Transactions
- Exercise/Conversion
Common Stock
2024-12-31+221,923→ 362,616 total - Exercise/Conversion
Restricted Stock Unit
2024-12-31−221,923→ 0 total→ Common Stock (221,923 underlying) - Tax Payment
Common Stock
2024-12-31$131.15/sh−107,300$14,072,395→ 255,316 total
Footnotes (2)
- [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]In 2018 and 2019, the Reporting Person was granted performance-based restricted stock unit ("PSU") awards. On November 1, 2022, the Issuer completed a distribution of all of the outstanding shares of common stock of RXO, Inc. ("RXO") to the Issuer's stockholders (the "Distribution"). Contingent upon and effective as of the completion of the Distribution, the PSU awards were converted into a single time-based vesting RSU award. The RSU award vested in full on the transaction date and was initially reported on a Form 4 filed on November 3, 2022. The after-tax shares received upon settlement of the RSU award are subject to a lock up which prohibits transfers of such shares through December 31, 2025.
Documents
Issuer
XPO, Inc.
CIK 0001166003
Entity typeother
Related Parties
1- filerCIK 0001534839
Filing Metadata
- Form type
- 4
- Filed
- Dec 30, 7:00 PM ET
- Accepted
- Dec 31, 6:16 PM ET
- Size
- 9.1 KB