Mary E. Kissel - 03 Jan 2023 Form 4 Insider Report for RXO, Inc. (RXO)

Role
Director
Signature
/s/ Jeffrey D. Firestone, Attorney-in-Fact
Issuer symbol
RXO
Transactions as of
03 Jan 2023
Net transactions value
$0
Form type
4
Filing time
05 Jan 2023, 16:00:38 UTC
Previous filing
01 Nov 2022
Next filing
04 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RXO Common Stock Options Exercise $0 +6,890 +749% $0.000000 7,810 03 Jan 2023 Direct F1

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 -6,890 -100% $0.000000* 0 03 Jan 2023 Common Stock 6,890 Direct F2, F3
transaction RXO Restricted Stock Unit Award $0 +11,537 $0.000000 11,537 03 Jan 2023 Common Stock 11,537 Direct F2, F4
* 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 920 shares of the Issuer's Common Stock.
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 The RSUs vested in full on January 3, 2023.
F4 The RSUs shall vest in full on January 3, 2024, subject to the Reporting Person's continued service as a director of the Issuer.