Form 4 for RXO RXO, Inc.
Accepted 2023-01-05 00:00:00 ET · period of report 2023-01-03 · accession 0001929561-23-000010 · 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 | 2023-01-05 | 2023-01-03 | RXO | DeSalva AnnaMaria | Dir | M - OptEx | $0.00 | +6,890 | 9,771 | +239% | $0 |
| D | 2023-01-05 | 2023-01-03 | RXO | DeSalva AnnaMaria | Dir | M - OptEx | $0.00 | -6,890 | 32.5K | -17% | $0 |
| D | 2023-01-05 | 2023-01-03 | RXO | DeSalva AnnaMaria | Dir | A - Grant | $0.00 | +11.5K | 44.0K | +36% | $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 | 2023-01-03 | M | A | 6,890 | $0.00 | 9,771 | 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 "Distribution"). The Reporting Person received a distribution from XPO of 2,881 shares of the Issuer's Common Stock. |
| 2 | Derivative | Restricted Stock Unit | 2023-01-03 | M | D | 6,890 | $0.00 | 32,494 | D | — · — to — | 6,890 Common Stock | (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. (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. |
| 3 | Derivative | Restricted Stock Unit | 2023-01-03 | A | A | 11,537 | $0.00 | 44,031 | D | — · — to — | 11,537 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. (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. |