S. JACOBS BRADLEY - 06 Mar 2023 Form 4/A - Amendment Insider Report for XPO, Inc. (XPO)

Role
Executive Chairman, Director
Signature
/s/ Riina Tohvert, Attorney-in-Fact
Issuer symbol
XPO
Transactions as of
06 Mar 2023
Net transactions value
$0
Form type
4/A - Amendment
Filing time
30 Mar 2023, 17:00:27 UTC
Date Of Original Report
08 Mar 2023
Previous filing
04 Jan 2023
Next filing
03 Jan 2024
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 XPO Restricted Stock Unit Award $0 +27,579 $0.000000 27,579 06 Mar 2023 Common Stock, par value $0.001 per share 27,579 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 Due to a clerical error, the Form 4 filed on March 8, 2023 incorrectly reported the number of RSUs awarded to the Reporting Person in Line 1 of Table II, Columns 5 and 9. The correct amount of RSUs awarded was 27,579, as reflected in Line 1, Table II, Columns 5 and 9 in this amended Form 4.
F3 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.