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 |
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 |
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. |