Steven John Bandrowczak - Aug 2, 2024 Form 4 Insider Report for Xerox Holdings Corp (XRX)

Role
CEO, Director
Signature
/s/ Eric Risi, as Attorney-in-Fact
Stock symbol
XRX
Transactions as of
Aug 2, 2024
Transactions value $
-$273,973
Form type
4
Date filed
8/6/2024, 04:12 PM
Previous filing
Mar 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XRX Restricted Stock Unit Options Exercise $0 -58.3K -9.14% $0.00 580K Aug 2, 2024 Direct F1, F2
transaction XRX Common Stock Options Exercise +58.3K +30.95% 247K Aug 2, 2024 Direct F1, F2
transaction XRX Common Stock Tax liability -$274K -27K -10.95% $10.14 220K Aug 2, 2024 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On August 2, 2022, the reporting person was granted an award of 176,679 Restricted Stock Units, which vests in three installments of 33%, 33% and 34% on the first, second and third anniversaries of the grant date.
F2 Restricted Stock Units convert into common stock on a one-for-one basis.
F3 Of the 58,304 Restricted Stock Units that vested, 27,019 were withheld and disposed of for taxes.
F4 In January 2024, 128,599 Restricted Stock Units vested. Of the 128,599 Restricted Stock Units that vested, 50,757 were withheld and disposed of for taxes.