| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | XPO | Common Stock | Options Exercise | $0 | +1,174,495 | +283% | $0.000000 | 1,589,983 | 31 Dec 2024 | Direct | |
| transaction | XPO | Common Stock | Tax liability | $71,379,830 | -544,261 | -34% | $131.15 | 1,045,722 | 31 Dec 2024 | Direct | |
| holding | XPO | Common Stock | 1,300,701 | 31 Dec 2024 | See footnote | F1 |
| 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 | -1,174,495 | -100% | $0.000000 | 0 | 31 Dec 2024 | Common Stock | 1,174,495 | Direct | F2, F3 |
| Id | Content |
|---|---|
| F1 | Jacobs Private Equity, LLC is the direct beneficial owner of these securities. Brad Jacobs is the Managing Member of Jacobs Private Equity, LLC. |
| F2 | 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. |
| F3 | In 2018 and 2019, the Reporting Person was granted performance-based restricted stock unit ("PSU") awards. On November 1, 2022, the Issuer completed a distribution of all of the outstanding shares of common stock of RXO, Inc. ("RXO") to the Issuer's stockholders (the "Distribution"). Contingent upon and effective as of the completion of the Distribution, the PSU awards were converted into a single time-based vesting RSU award. The RSU award vested in full on the transaction date and was initially reported on a Form 4 filed on November 3, 2022. The after-tax shares received upon settlement of the RSU award are subject to a lock up which prohibits transfers of such shares through December 31, 2025. |