Form 4 for RXO RXO, Inc.
Accepted 2022-12-12 00:00:00 ET · period of report 2022-12-08 · accession 0001929561-22-000026 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-12-12 | 2022-12-08 | RXO | Wilkerson Andrew M. | CEO, Dir | M - OptEx | $0.00 | +7,780 | 20.5K | +61% | $0 |
| D | 2022-12-12 | 2022-12-08 | RXO | Wilkerson Andrew M. | CEO, Dir | F - Tax | $17.89 | -3,458 | 17.0K | -17% | -$61.9K |
| D | 2022-12-12 | 2022-12-08 | RXO | Wilkerson Andrew M. | CEO, Dir | M - OptEx | $0.00 | -7,780 | 407.8K | -2% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-12-08 | M | A | 7,780 | $0.00 | 20,453 | D | — | — | (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 12,673 shares of the Issuer's Common Stock. |
| 2 | Common | Common Stock | 2022-12-08 | F | D | 3,458 | $17.89 | 16,995 | D | — | — | (F2) No shares were sold by the Reporting Person. These shares were withheld by the Issuer to fund tax liability attributable to the vesting and settlement of the Restricted Stock Units ("RSUs") reported on this Form 4. These RSUs vested and were settled as originally scheduled, and there were no related discretionary transactions or open market sales. |
| 3 | Derivative | Common Stock | 2022-12-08 | M | D | 7,780 | $0.00 | 407,769 | D | — · — to — | 7,780 Common Stock | (F3) Each 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. (F4) 7,780 RSUs vested on December 8, 2022 and 7,779 RSUs shall vest on December 8, 2023, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date. |