4//SEC Filing
DeSalva AnnaMaria 4
Accession 0001929561-23-000010
CIK 0001929561other
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 4:59 PM ET
Size
10.0 KB
Accession
0001929561-23-000010
Insider Transaction Report
Form 4
RXO, Inc.RXO
DeSalva AnnaMaria
Director
Transactions
- Exercise/Conversion
Restricted Stock Unit
2023-01-03−6,890→ 32,494 total→ Common Stock (6,890 underlying) - Exercise/Conversion
Common Stock
2023-01-03+6,890→ 9,771 total - Award
Restricted Stock Unit
2023-01-03+11,537→ 44,031 total→ Common Stock (11,537 underlying)
Footnotes (5)
- [F1]On November 1, 2022, XPO Logistics, Inc. ("XPO") completed a pro rata distribution of all of its shares of the Issuer's Common Stock, to the holders of record of XPO common stock on October 20, 2022 (the "Distribution"). The Reporting Person received a distribution from XPO of 2,881 shares of the Issuer's Common Stock.
- [F2]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.
- [F3]The RSUs vested in full on January 3, 2023.
- [F4]On November 1, 2022, XPO completed the Distribution. This column includes all outstanding RSUs (including vested deferred and unvested RSUs) issued by the Issuer to the Reporting Person pursuant to the equitable adjustment of outstanding equity awards relating to XPO common stock in accordance with the terms of the Employee Matters Agreement, dated as of October 31, 2022, by and between XPO and the Issuer.
- [F5]The RSUs shall vest in full on January 3, 2024, subject to the Reporting Person's continued service as a director of the Issuer.
Documents
Issuer
RXO, Inc.
CIK 0001929561
Entity typeother
Related Parties
1- filerCIK 0001717049
Filing Metadata
- Form type
- 4
- Filed
- Jan 4, 7:00 PM ET
- Accepted
- Jan 5, 4:59 PM ET
- Size
- 10.0 KB