Andrew M. Wilkerson - Mar 15, 2023 Form 4 Insider Report for RXO, Inc. (RXO)

Signature
/s/ Jeffrey D. Firestone, Attorney-in-Fact
Stock symbol
RXO
Transactions as of
Mar 15, 2023
Transactions value $
-$19,453
Form type
4
Date filed
3/17/2023, 05:10 PM
Previous filing
Mar 14, 2023
Next filing
May 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RXO Common Stock Options Exercise $0 +2.25K +11.13% $0.00 22.4K Mar 15, 2023 Direct
transaction RXO Common Stock Tax liability -$19.5K -993 -4.43% $19.59 21.4K Mar 15, 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 -2.25K -0.35% $0.00 645K Mar 15, 2023 Common Stock 2.25K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 No shares were sold by the Reporting Person. These shares were withheld by the Issuer to fund tax liability attributable to the vesting and settlement of the Restricted Stock Units ("RSUs") reported on this Form 4. These RSUs vested and were settled as originally scheduled, and there were no related discretionary transactions or open market sales.
F2 Each 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 vest in equal installments on the first four anniversaries of the grant date, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.