Steven John Bandrowczak - Jan 18, 2025 Form 4 Insider Report for Xerox Holdings Corp (XRX)

Signature
/s/ Eric Risi, as Attorney-in-Fact
Stock symbol
XRX
Transactions as of
Jan 18, 2025
Transactions value $
-$303,102
Form type
4
Date filed
1/22/2025, 07:32 PM
Previous filing
Jan 14, 2025
Next filing
Mar 13, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XRX Restricted Stock Unit Options Exercise $0 -59K -10.61% $0.00 497K Jan 18, 2025 Direct F1
transaction XRX Common Stock Options Exercise +59K +25.1% 294K Jan 18, 2025 Direct F1, F2
transaction XRX Common Stock Tax liability -$173K -18.5K -6.29% $9.34 275K Jan 18, 2025 Direct F3
transaction XRX Restricted Stock Unit Options Exercise $0 -38.3K -7.71% $0.00 459K Jan 19, 2025 Direct F4
transaction XRX Common Stock Options Exercise +38.3K +13.91% 314K Jan 19, 2025 Direct F2, F4
transaction XRX Common Stock Tax liability -$130K -14K -4.45% $9.34 300K Jan 19, 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 18, 2023, the Reporting Person was granted an award of 178,678 Restricted Stock Units, which vests in three installments of 33%, 33% and 34% on the first, second and third anniversaries of the grant date.
F2 Restricted Stock Units convert into common stock on a one-for-one basis.
F3 Of the 58,963 Restricted Stock Units that vested, 18,480 were withheld and disposed of for taxes.
F4 On January 19, 2023, the reporting person was granted an award of 63,861 Restricted Stock Units, of which 25,544 vested on January 19, 2024 and 38,317 vested on January 19, 2025.
F5 Of the 38,317 Restricted Stock Units that vested, 13,972 were withheld and disposed of for taxes.