Kissel Mary E. 4
4 · RXO, Inc. · Filed Jan 5, 2023
Insider Transaction Report
Form 4
RXO, Inc.RXO
Kissel Mary E.
Director
Transactions
- Exercise/Conversion
Common Stock
2023-01-03+6,890→ 7,810 total - Exercise/Conversion
Restricted Stock Unit
2023-01-03−6,890→ 0 total→ Common Stock (6,890 underlying) - Award
Restricted Stock Unit
2023-01-03+11,537→ 11,537 total→ Common Stock (11,537 underlying)
Footnotes (4)
- [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 Reporting Person received a distribution from XPO of 920 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]The RSUs shall vest in full on January 3, 2024, subject to the Reporting Person's continued service as a director of the Issuer.