0000950142-24-002099.txt : 20240801 0000950142-24-002099.hdr.sgml : 20240801 20240801215730 ACCESSION NUMBER: 0000950142-24-002099 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240730 FILED AS OF DATE: 20240801 DATE AS OF CHANGE: 20240801 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Essaid Ihsan CENTRAL INDEX KEY: 0002030584 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38063 FILM NUMBER: 241168674 MAIL ADDRESS: STREET 1: FIVE AMERICAN LANE CITY: GREENWICH STATE: CT ZIP: 06831 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: QXO, Inc. CENTRAL INDEX KEY: 0001236275 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374] ORGANIZATION NAME: 06 Technology IRS NUMBER: 161633636 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: FIVE AMERICAN LANE CITY: GREENWICH STATE: CT ZIP: 06831 BUSINESS PHONE: 888-998-6000 MAIL ADDRESS: STREET 1: FIVE AMERICAN LANE CITY: GREENWICH STATE: CT ZIP: 06831 FORMER COMPANY: FORMER CONFORMED NAME: SilverSun Technologies, Inc. DATE OF NAME CHANGE: 20110803 FORMER COMPANY: FORMER CONFORMED NAME: TREY RESOURCES INC DATE OF NAME CHANGE: 20050923 FORMER COMPANY: FORMER CONFORMED NAME: TREY INDUSTRIES INC DATE OF NAME CHANGE: 20030528 4 1 es240515392_4-essaid.xml OWNERSHIP DOCUMENT X0508 4 2024-07-30 0 0001236275 QXO, Inc. QXO 0002030584 Essaid Ihsan C/O QXO, INC. FIVE AMERICAN LANE GREENWICH CT 06831 0 1 0 0 Chief Financial Officer 0 Restricted Stock Unit 2024-07-30 4 A 0 847500 0 A Common Stock 847500 847500 D Performance Stock Unit 2024-07-30 4 A 0 1137500 0 A Common Stock 1137500 1137500 D Each RSU represents a contingent right to receive, upon settlement, one share of Common Stock. The RSUs vest in five installments of 15% on December 31, 2025, 17.5% on December 31, 2026, 17.5% on December 31, 2027, 25% on December 31, 2028 and 25% on December 31, 2029, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date. Each PSU represents a contingent right to receive one share of Common Stock. The PSUs will vest depending on the Issuer's total shareholder return ("TSR") over, for 50% of the PSUs, a performance period beginning on the grant date and ending on December 31, 2028, for 12.5% of the PSUs, a performance period beginning on the grant date and ending on December 31, 2025, for 12.5% of the PSUs, a one-year performance period ending on December 31, 2026, for 12.5% of the PSUs, a one-year performance period ending on December 31, 2027, and for 12.5% of the PSUs, a one-year performance period ending on December 31, 2028, in each case, relative to companies in the S&P500 Index, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date. The maximum number of PSUs that may vest is capped at 225% of the target number of PSUs. /s/ Christopher Signorello, as Attorney-in-fact 2024-08-01