Kyle Wismans - 11 Aug 2023 Form 3 Insider Report for XPO, Inc. (XPO)

Role
Chief Financial Officer
Signature
/s/ Riina Tohvert, Attorney-in-Fact
Issuer symbol
XPO
Transactions as of
11 Aug 2023
Net transactions value
$0
Form type
3
Filing time
16 Aug 2023, 16:27:37 UTC
Next filing
16 Aug 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding XPO Common Stock 22,942 11 Aug 2023 Direct

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
holding XPO Restricted Stock Unit 11 Aug 2023 Common Stock 2,505 Direct F1, F2
holding XPO Restricted Stock Unit 11 Aug 2023 Common Stock 3,431 Direct F2, F3
holding XPO Restricted Stock Unit 11 Aug 2023 Common Stock 11,917 Direct F2, F4
holding XPO Restricted Stock Unit 11 Aug 2023 Common Stock 2,176 Direct F2, F5
holding XPO Restricted Stock Unit 11 Aug 2023 Common Stock 8,963 Direct F2, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 1,253 of these Restricted Stock Units ("RSUs") shall vest on November 14, 2023, 626 RSUs shall vest on November 14, 2024, and 626 RSUs shall vest on November 14, 2025, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.
F2 Each 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.
F3 These RSUs vest in full on December 8, 2023, generally subject to the Reporting Person's continued employment with the Issuer through the vesting date.
F4 These RSUs vest in three equal annual installments on February 15, 2024, February 15, 2025 and February 15, 2026, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.
F5 These RSUs vest in two equal annual installments on March 10, 2024 and March 10, 2025, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.
F6 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.

Remarks:

See Exhibit 24, Power of Attorney, attached.