FARREN J MICHAEL 4

4 · XEROX CORP · Filed Jan 6, 2004

Form 4

Period: 2004-01-02

Vice Pres. & General Counsel

Transactions

Award
Stock Option
2004-01-02+55,000→ 55,000 total
Exercise: $13.69From: 2005-01-01Exp: 2011-12-31→ Common Stock (55,000 underlying)
Tax Payment
Common Stock
2004-01-02−6,274→ 72,719 total
Other
Incentive Stock Rights
2004-01-02−18,800→ 17,190 total
Other
Common Stock
2004-01-02+18,800→ 78,993 total
Award
Incentive Stock Rights
2004-01-02+33,000→ 50,190 total

Holdings

Stock Option
Exercise: $36.70From: 1999-01-01Exp: 2005-12-31→ Common Stock (46,158 underlying)
46,158
Stock Option
Exercise: $59.44From: 2000-01-01Exp: 2006-12-31→ Common Stock (1,166 underlying)
1,166
Stock Option
Exercise: $21.78From: 2005-01-01Exp: 2009-12-31→ Common Stock (35,000 underlying)
35,000
Stock Option
Exercise: $46.88From: 1999-01-01Exp: 2008-12-31→ Common Stock (19,782 underlying)
19,782
Stock Option
Exercise: $4.75From: 2002-01-01Exp: 2010-12-31→ Common Stock (70,100 underlying)
70,100
Stock Option
Exercise: $47.50From: 2003-03-01Exp: 2009-12-31→ Common Stock (5,836 underlying)
5,836

Footnotes (6)

[F1]Options vest over three years, 33%, 33%, 34%, beginning in year shown.
[F2]Options vest over three years, 33.3% per year beginning in year shown.
[F3]Not Applicable
[F4]Vesting of incentive stock rights.
[F5]Incentive stock rights under 16b-3 plan payable in shares treated as restricted stock. These rights are subject to vesting requirements.
[F6]Restricted awards vest over three years, 33.3% per year beginning with 01/01/2005.

Documents

1 file