Xavier Heiss - Jan 12, 2025 Form 4 Insider Report for Xerox Holdings Corp (XRX)

Role
CFO
Signature
/s/ Eric Risi, as Attorney-in-Fact
Stock symbol
XRX
Transactions as of
Jan 12, 2025
Transactions value $
-$71,785
Form type
4
Date filed
1/14/2025, 07:32 PM
Previous filing
Mar 13, 2024
Next filing
Jan 22, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XRX Restricted Stock Unit Options Exercise $0 -14.4K -7.84% $0.00 169K Jan 12, 2025 Direct F1, F2
transaction XRX Common Stock Options Exercise +14.4K +12.03% 134K Jan 12, 2025 Direct F1, F3, F4
transaction XRX Common Stock Tax liability -$71.8K -7.93K -5.91% $9.05 126K Jan 12, 2025 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 12, 2022, the reporting person was granted an award of 28,366 Restricted Stock Units, of which 13,971 vested on January 12, 2024 and 14,395 vested on January 12, 2025.
F2 Includes (i) 11,604 which previously vested on January 11, 2024, (ii) 13,971 which previously vested on January 12, 2024, (iii) 20,441 which previously vested on January 18, 2024 and (iv) 13,997 which previously vested on January 19, 2024, and were previously included in the Reporting Person's previously reported total. Of the 60,013 Restricted Stock Units that previously vested, 33,069 were withheld and disposed of for taxes, resulting in an acquisition of 26,944 shares of common stock.
F3 Restricted Stock Units convert into common stock on a one-for-one basis.
F4 Prior to the date of this filing, the Reporting Person was the direct beneficial owner of 119,708 shares of common stock of the Issuer.
F5 Of the 14,395 Restricted Stock Units that vested, 7,932 were withheld and disposed of for taxes.