Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | XPO | Restricted Stock Unit | Award | $0 | +27.6K | $0.00 | 27.6K | Mar 6, 2023 | Common Stock, par value $0.001 per share | 27.6K | Direct | F1, F2, F3 |
Id | Content |
---|---|
F1 | 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. |
F2 | Due to a clerical error, the Form 4 filed on March 8, 2023 incorrectly reported the number of RSUs awarded to the Reporting Person in Line 1 of Table II, Columns 5 and 9. The correct amount of RSUs awarded was 27,579, as reflected in Line 1, Table II, Columns 5 and 9 in this amended Form 4. |
F3 | These RSUs vest in three equal annual installments on March 15, 2024, March 15, 2025 and March 15, 2026, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date. |