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
XPO, Inc.XPO
JESSELSON MICHAEL G
Director
Transactions
- Exercise/Conversion
Common Stock
2024-01-02+5,480→ 43,451 total - Exercise/Conversion
Restricted Stock Unit
2024-01-02−5,480→ 0 total→ Common Stock (5,480 underlying) - Award
Restricted Stock Unit
2024-01-02+2,160→ 2,160 total→ Common Stock (2,160 underlying)
Holdings
- 8,000(indirect: See footnote)
Common Stock
- 8,000(indirect: See footnote)
Common Stock
- 5,446
Restricted Stock Unit
→ Common Stock (5,446 underlying) - 8,000(indirect: See footnote)
Common Stock
- 10,442
Restricted Stock Unit
→ Common Stock (10,442 underlying) - 201,001(indirect: See footnote)
Common Stock
- 6,000(indirect: See footnote)
Common Stock
- 21,057(indirect: See footnote)
Common Stock
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.
Documents
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