S. Jacobs Bradley - Jan 3, 2023 Form 4 Insider Report for RXO, Inc. (RXO)

Role
Director
Signature
/s/ Jeffrey D. Firestone, Attorney-in-Fact
Stock symbol
RXO
Transactions as of
Jan 3, 2023
Transactions value $
$0
Form type
4
Date filed
1/5/2023, 03:59 PM
Previous filing
Nov 17, 2022
Next filing
Mar 30, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RXO Common Stock Options Exercise $0 +1.85K +0.48% $0.00 389K Jan 3, 2023 Direct F1
holding RXO Common Stock 1.3M Jan 3, 2023 See footnote F1, F2

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 RXO Restricted Stock Unit Options Exercise $0 -1.85K -0.16% $0.00 1.17M Jan 3, 2023 Common Stock 1.85K Direct F3, F4
transaction RXO Restricted Stock Unit Award $0 +11.5K +0.98% $0.00 1.19M Jan 3, 2023 Common Stock 11.5K Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On November 1, 2022, XPO Logistics, Inc. ("XPO") completed a pro rata distribution of all of its shares of the Issuer's Common Stock, to the holders of record of XPO common stock on October 20, 2022. The Reporting Person received a distribution from XPO of 1,688,117 shares of the Issuer's Common Stock in the aggregate.
F2 Jacobs Private Equity, LLC is the direct beneficial owner of these securities. Brad Jacobs is the Managing Member of Jacobs Private Equity, LLC.
F3 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.
F4 The RSUs vested in full on January 3, 2023.
F5 The RSUs shall vest in full on January 3, 2024, subject to the Reporting Person's continued service as a director of the Issuer.