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XPO, Inc. — Director's Dealing 2023
Mar 8, 2023
30406_dirs_2023-03-08_e58c5e6b-13eb-4d36-aefe-c4886d194afa.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: XPO, Inc. (XPO)
CIK: 0001166003
Period of Report: 2023-03-06
Reporting Person: Harik Mario A (Director, Chief Executive Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-03-06 | Restricted Stock Unit | $ | A | 27579 | Acquired | Common Stock, par value $0.001 per share (27579.0) | Direct | |
| 2023-03-06 | Restricted Stock Unit | $ | A | 19406 | Acquired | Common Stock, par value $0.001 per share (19406.0) | Direct | |
| 2023-03-06 | Restricted Stock Unit | $ | A | 28031 | Acquired | Common Stock, par value $0.001 per share (28031.0) | Direct |
Footnotes
F1: 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.
F2: These RSUs vest in three equal annual installments on March 15, 2024, March 15, 2025 and March 15, 2026, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.
F3: On March 7, 2022, the Reporting Person was granted unvested RSUs, subject to the Issuer's satisfaction of certain predetermined performance criteria. On March 6, 2023, the Compensation Committee of the Board of Directors of the Issuer certified that the performance criteria applicable to such RSUs has been satisfied. 100% of the RSUs shall vest on December 31, 2023, generally subject to the Reporting Person's continued employment with the Issuer through the date of such later occurrence.
F4: On March 7, 2022, the Reporting Person was granted unvested RSUs, subject to the Issuer's satisfaction of certain predetermined performance criteria. On March 6, 2023, the Compensation Committee of the Board of Directors of the Issuer certified that the performance criteria applicable to such RSUs has been satisfied. 100% of the RSUs shall vest on March 7, 2025, generally subject to the Reporting Person's continued employment with the Issuer through the date of such later occurrence.