Giovanni Visentin - 15 May 2021 Form 4 Insider Report for Xerox Holdings Corp (XRX)

Role
Vice Chairman & CEO, Director
Signature
/s/ Douglas H. Marshall, Attorney-in-Fact
Issuer symbol
XRX
Transactions as of
15 May 2021
Net transactions value
-$2,551,105
Form type
4
Filing time
17 May 2021, 18:22:16 UTC
Next filing
13 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XRX Common Stock Options Exercise $0 +183,546 +65% $0.000000 468,014 15 May 2021 Direct F1, F2
transaction XRX Restricted Stock Units Options Exercise $0 -43,845 -5.8% $0.000000 715,242 15 May 2021 Direct F3, F4
transaction XRX Common Stock Options Exercise $0 +43,845 +11% $0.000000 426,803 15 May 2021 Direct F4
transaction XRX Common Stock Tax liability $2,059,206 -85,056 -18% $24.21 382,958 15 May 2021 Direct F5
transaction XRX Common Stock Tax liability $491,899 -20,318 -4.8% $24.21 406,485 15 May 2021 Direct F6

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction XRX Performance Shares Options Exercise $0 -183,546 -21% $0.000000 696,086 15 May 2021 Common Stock 183,546 $0.000000 Direct F7, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Performance Shares vesting and converted to shares of Common Stock. 167,164 Performance Shares were awarded at target on May 15, 2018, but due to performance paid out at 109.8% of target. The total number of Performance Shares paid out is shown.
F2 Reflects adjustment of balance due to Performance Shares vesting and converting to Common Stock.
F3 Restricted Stock Units vested and converted to shares of Common Stock.
F4 Reflects adjustment of balance due to Restricted Stock Units converting to Common Stock.
F5 Shares withheld to pay for taxes on Performance Shares that have vested.
F6 Shares withheld to pay for taxes on the Restricted Stock Units that have vested.
F7 Not applicable
F8 Not applicable