Irene Moshouris - 02 Jan 2024 Form 4 Insider Report for XPO, Inc. (XPO)

Role
Director
Signature
/s/ Wendy Cassity, Attorney-in-Fact
Issuer symbol
XPO
Transactions as of
02 Jan 2024
Net transactions value
$0
Form type
4
Filing time
03 Jan 2024, 16:19:35 UTC
Previous filing
05 Jan 2023
Next filing
19 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XPO Common Stock Options Exercise $0 +5,480 +608% $0.000000 6,382 02 Jan 2024 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
transaction XPO Restricted Stock Unit Options Exercise $0 -5,480 -100% $0.000000* 0 02 Jan 2024 Common Stock 5,480 Direct F1, F2
transaction XPO Restricted Stock Unit Award $0 +2,160 $0.000000 2,160 02 Jan 2024 Common Stock 2,160 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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 These RSUs vested in full on January 2, 2024.
F3 The RSUs shall vest in full on January 2, 2025, subject to the Reporting Person's continued service as a director of the Issuer.

Remarks:

See Exhibit 24, Power of Attorney, attached.