Flor Colon - Dec 15, 2024 Form 4 Insider Report for Xerox Holdings Corp (XRX)

Role: Chief Legal Officer and Corporate Secretary
Signature: /s/ Eric Risi, as Attorney-in-Fact
Stock symbol: XRX
Transactions as of: Dec 15, 2024
Transactions value $: $248,964
Form type: 4
Date filed: 12/17/2024, 09:15 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 Units	Award	$249K	+28.5K	+79.9%	$8.75	64.1K	Dec 15, 2024	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On March 11, 2024, the Reporting Person was granted 28,453 PSUs. On December 11, 2024, the Compensation Committee approved the modification of such PSUs, allowing for the conversion into RSUs at the election of the Reporting Person. On December 15, 2024, the Reporting Person elected to have the PSUs converted into RSUs. The converted RSUs vest in three installments of 33.33%, 33.33% and 33.34% on the first, second and third anniversaries of the date of the PSU grant.
F2	Includes (i) 894 Restricted Stock Units which vested on January 11, 2024, (ii) 1,117 Restricted Stock Units which vested on January 12, 2024, (iii) 2,162 Restricted Stock Units which vested on January 18, 2024 and (iv) 1,078 Restricted Stock Units, which vested on January 19, 2024. Of the 5,251 Restricted Stock Units that vested, 2,172 were withheld and disposed of for taxes, resulting in an acquisition of 3,079 shares of common stock. As of the date of this filing, the Reporting Person is the owner of 5,802 shares of common stock.

Content

On March 11, 2024, the Reporting Person was granted 28,453 PSUs. On December 11, 2024, the Compensation Committee approved the modification of such PSUs, allowing for the conversion into RSUs at the election of the Reporting Person. On December 15, 2024, the Reporting Person elected to have the PSUs converted into RSUs. The converted RSUs vest in three installments of 33.33%, 33.33% and 33.34% on the first, second and third anniversaries of the date of the PSU grant.

Includes (i) 894 Restricted Stock Units which vested on January 11, 2024, (ii) 1,117 Restricted Stock Units which vested on January 12, 2024, (iii) 2,162 Restricted Stock Units which vested on January 18, 2024 and (iv) 1,078 Restricted Stock Units, which vested on January 19, 2024. Of the 5,251 Restricted Stock Units that vested, 2,172 were withheld and disposed of for taxes, resulting in an acquisition of 3,079 shares of common stock. As of the date of this filing, the Reporting Person is the owner of 5,802 shares of common stock.

Remarks:

Chief Legal Officer and Corporate Secretary