Taylor Johnny Clayton Jr. 4

4 · XPO, Inc. · Filed Jan 6, 2025

Form 4

Period: 2025-01-02

Director

Transactions

Exercise/Conversion
Restricted Stock Unit
2025-01-02−4,040→ 0 total
→ Common Stock (4,040 underlying)
Exercise/Conversion
Common Stock
2025-01-02+2,160→ 12,600 total
Exercise/Conversion
Restricted Stock Unit
2025-01-02−2,160→ 0 total
→ Common Stock (2,160 underlying)
Award
Restricted Stock Units
2025-01-02+1,374→ 1,374 total
→ Common Stock (1,374 underlying)
Exercise/Conversion
Common Stock
2025-01-02+4,040→ 10,440 total

Footnotes (4)

[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]The RSUs vested in full on January 3, 2023 and were subject to a deferral election. On March 23, 2023, the Board of Directors of the Issuer terminated the deferral and accelerated the payment of the RSUs to as soon as practicable after April 1, 2024 and no later than March 31, 2025. The RSUs were settled and Common Stock was delivered to the Reporting Person on January 2, 2025.
[F3]The RSUs vested in full on January 2, 2025.
[F4]The RSUs shall vest in full on January 2, 2026, subject to the Reporting Person's continued service as a director of the Issuer.

Documents

1 file