Steven John Bandrowczak - 01 Jul 2021 Form 4 Insider Report for Xerox Holdings Corp (XRX)

Role
President and COO
Signature
/s/ Douglas H. Marshall, Attorney-in-Fact
Issuer symbol
XRX
Transactions as of
01 Jul 2021
Net transactions value
-$315,948
Form type
4
Filing time
02 Jul 2021, 17:42:37 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 Restricted Stock Units Options Exercise $0 -6,836 -3.2% $0.000000 205,992 01 Jul 2021 Direct F1
transaction XRX Common Stock Options Exercise $0 +6,836 +9.1% $0.000000 82,051 01 Jul 2021 Direct F1, F2
transaction XRX Common Stock Tax liability $75,462 -3,168 -3.9% $23.82 78,883 01 Jul 2021 Direct F3
transaction XRX Common Stock Options Exercise $0 +28,618 +36% $0.000000 107,501 01 Jul 2021 Direct F4, F5
transaction XRX Common Stock Tax liability $240,487 -10,096 -9.4% $23.82 97,405 01 Jul 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 -28,618 -32% $0.000000 61,506 01 Jul 2021 Common Stock 28,618 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects adjustment of balance due to Restricted Stock Units converting to Common Stock.
F2 Restricted Stock Units vested and converted to shares of Common Stock.
F3 Shares withheld to pay for taxes on the Restricted Stock Units that have vested.
F4 Performance Shares vesting and converted to shares of Common Stock. 26,064 Performance Shares were awarded at target on July 1, 2018, but due to performance paid out at 109.8% of target. The total number of Performance Shares paid out is shown.
F5 Reflects adjustment of balance due to Performance Shares vesting and converting to Common Stock.
F6 Shares withheld to pay for taxes on Performance Shares that have vested.
F7 Not Applicable.