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RXO, Inc. — Director's Dealing 2023
Jan 5, 2023
31516_dirs_2023-01-05_249302e0-2282-4ed4-92de-0ec1e569b177.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: RXO, Inc. (RXO)
CIK: 0001929561
Period of Report: 2023-01-03
Reporting Person: BRADLEY S JACOBS (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-01-03 | Common Stock | M | 1848 | — | Acquired | 389264 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-01-03 | Restricted Stock Unit | $ | M | 1848 | Disposed | Common Stock (1848.0) | Direct | |
| 2023-01-03 | Restricted Stock Unit | $ | A | 11537 | Acquired | Common Stock (11537.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1300701 | Indirect |
Footnotes
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.