SEC Form 4 · accession 0001127602-18-022168
XEROX CORP · XRX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven John Bandrowczak
Officer — President and COO
Period of report
Jul 1, 2018
Accepted (ET)
Jul 2, 2018 · 3:56 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000108772
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | Jul 1, 2018 | A | 13,672 | $24.00 | A | 13,672 | D | |
| Restricted Stock UnitsF2 | Jul 1, 2018 | A | 91,667 | $24.00 | A | 105,339 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF3 | $24.00 | Jul 1, 2018 | A | 41,990 | A | — | Jul 2, 2028 | Common Stock | 41,990 | 41,990 | D |
Explanation of responses
- F1This award of restricted stock units vests in three installments of 25%, 25% and 50% on the first, second and third anniversaries of the date of grant, July 1, 2018.
- F2This award of restricted stock units is subject to 2-year cliff vesting requirements.
- F3This award of stock options vests in three installments of 25%, 25% and 50% on the first, second and third anniversaries of the date of grant, July 1, 2018.