Home/Filings/4/0001166003-24-000013
4//SEC Filing

JESSELSON MICHAEL G 4

Accession 0001166003-24-000013

CIK 0001166003other

Filed

Jan 2, 7:00 PM ET

Accepted

Jan 3, 4:17 PM ET

Size

25.8 KB

Accession

0001166003-24-000013

Insider Transaction Report

Form 4
Period: 2024-01-02
Transactions
  • Exercise/Conversion

    Common Stock

    2024-01-02+5,48043,451 total
  • Exercise/Conversion

    Restricted Stock Unit

    2024-01-025,4800 total
    Common Stock (5,480 underlying)
  • Award

    Restricted Stock Unit

    2024-01-02+2,1602,160 total
    Common Stock (2,160 underlying)
Holdings
  • Common Stock

    (indirect: See footnote)
    8,000
  • Common Stock

    (indirect: See footnote)
    8,000
  • Restricted Stock Unit

    Common Stock (5,446 underlying)
    5,446
  • Common Stock

    (indirect: See footnote)
    8,000
  • Restricted Stock Unit

    Common Stock (10,442 underlying)
    10,442
  • Common Stock

    (indirect: See footnote)
    201,001
  • Common Stock

    (indirect: See footnote)
    6,000
  • Common Stock

    (indirect: See footnote)
    21,057
Footnotes (12)
  • [F1]5,000 of these securities are held in an individual retirement account of Michael G. Jesselson.
  • [F10]The RSUs shall vest in full on January 2, 2025, subject to the Reporting Person's continued service as a director of the Issuer.
  • [F11]The RSUs vested in full on January 2, 2019 and are subject to a deferral election. On March 23, 2023, the Board of Directors of the Issuer terminated the deferral and accelerated the payment of the RSUs to as soon as practicable after April 1, 2024 and not later than March 31, 2025.
  • [F12]The RSUs vested in full on January 3, 2018 and are subject to a deferral election. On March 23, 2023, the Board of Directors of the Issuer terminated the deferral and accelerated the payment of the RSUs to as soon as practicable after April 1, 2024 and not later than March 31, 2025.
  • [F2]The Michael G. Jesselson 12/18/80 Trust and the Michael G. Jesselson 4/8/71 Trust are the direct beneficial owners of these securities. Michael G. Jesselson is the beneficiary of each of these trusts.
  • [F3]Michael G. Jesselson's spouse is the direct beneficial owner of these securities.
  • [F4]These securities are held by the JJJ Irrevocable Trust, of which Michael G. Jesselson is a trustee.
  • [F5]These securities are held by the RAJ Irrevocable Trust, of which Michael G. Jesselson is a trustee.
  • [F6]These securities are held by the SJJ Irrevocable Trust, of which Michael G. Jesselson is a trustee.
  • [F7]The Michael G. Jesselson and Linda Jesselson, Trustees UID 6/30/93 FBO Maya Ariel Ruth Jesselson is the direct beneficial owner of these securities. Michael G. Jesselson is a trustee of the trust.
  • [F8]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.
  • [F9]These RSUs vested in full on January 2, 2024.

Issuer

XPO, Inc.

CIK 0001166003

Entity typeother

Related Parties

1
  • filerCIK 0000945191

Filing Metadata

Form type
4
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 4:17 PM ET
Size
25.8 KB