Adrian Kingshott - 02 Jan 2024 Form 4 Insider Report for RXO, Inc. (RXO)

Role
Director
Signature
/s/ Jeffrey D. Firestone, Attorney-in-Fact
Issuer symbol
RXO
Transactions as of
02 Jan 2024
Net transactions value
$0
Form type
4
Filing time
04 Jan 2024, 21:14:33 UTC
Previous filing
05 Jan 2023
Next filing
06 Jan 2025
SEC
View on sec.gov

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 Award $0 +8,045 +6.4% $0.000000 134,305 02 Jan 2024 Common Stock 8,045 Direct F1, F2
holding RXO Restricted Stock Unit 11,537 02 Jan 2024 Common Stock 11,537 Direct F1, F3
holding RXO Restricted Stock Unit 114,723 02 Jan 2024 Common Stock 114,723 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 The RSUs shall vest in full on January 2, 2025, subject to the Reporting Person's continued service as a director of the Issuer.
F3 The RSUs vested in full on January 3, 2024 and are subject to a deferral election. Shares of Common Stock will be delivered to the Reporting Person as per the terms of the deferral election.
F4 The RSUs vested in full and are subject to a deferral election. Shares of Common Stock will be delivered to the Reporting Person as per the terms of the deferral election.