JAMES E. HARRIS - 22 Mar 2024 Form 4/A Insider Report for RXO, Inc. (RXO)

Role
Chief Financial Officer
Signature
/s/ Jeffrey D. Firestone, Attorney-in-Fact
Issuer symbol
RXO
Transactions as of
22 Mar 2024
Net transactions value
$0
Form type
4/A
Filing time
11 Apr 2024, 19:51:13 UTC
Date Of Original Report
26 Mar 2024
Previous filing
27 Feb 2024
Next filing
30 Sep 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 RXO Restricted Stock Unit Award $0 +38,967 +15% $0.000000 307,088 22 Mar 2024 Common Stock 38,967 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 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 The RSUs vest in three equal annual installments on the first, second and third anniversaries of the grant date, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.
F3 The Reporting Person was also awarded 38,968 Performance Share Units (PSUs) at target level, which will be eligible to vest depending on the achievement of total shareholder return relative to companies in the S&P Transportation Select Industry Index and will be reported when the number of earned shares is determined.

Remarks:

This amendment is being filed to clarify Footnote 3 regarding the determination of PSU achievement.