Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | RXO | Restricted Stock Unit | Award | $0 | +1.85K | $0.00 | 1.85K | Nov 15, 2022 | Common Stock | 1.85K | Direct | F1, F2 |
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 | The RSUs shall vest in full on January 3, 2023, subject to the Reporting Person's continued service as a director of the Issuer. |