Washington, D.C. 20549
(Amendment No. 31)*
Jesse Lynn, Esq.
If the filing person has previously filed a statement
on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Section 240.13d-1(e),
240.13d-1(f) or 240.13d-1(g), check the following box / /.
NOTE: Schedules filed in paper format shall include
a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to
be sent.
*The remainder of this cover page shall be filled
out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment
containing information which would alter disclosures provided in a prior cover page.
The information required on the remainder of this
cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act")
or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
SCHEDULE 13D
CUSIP No. 98421M 106
1. NAME OF
REPORTING PERSON
Icahn Partners Master Fund LP
2 CHECK THE
APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) / /
(b) / /
3 SEC USE
ONLY
4 SOURCE
OF FUNDS
WC
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / /
6 CITIZENSHIP
OR PLACE OF ORGANIZATION
Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH:
7 SOLE VOTING
POWER
14,246,924
8 SHARED
VOTING POWER
0
9 SOLE DISPOSITIVE
POWER
14,246,924
10 SHARED
DISPOSITIVE POWER
0
11 AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
14,246,924
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / /
13 PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
9.11%
14 TYPE OF
REPORTING PERSON
PN
SCHEDULE 13D
CUSIP No. 98421M 106
1. NAME OF
REPORTING PERSON
Icahn Offshore LP
2 CHECK THE
APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) / /
(b) / /
3 SEC USE
ONLY
4 SOURCE
OF FUNDS
OO
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / /
6 CITIZENSHIP
OR PLACE OF ORGANIZATION
Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH:
7 SOLE VOTING
POWER
0
8 SHARED
VOTING POWER
14,246,924
9 SOLE DISPOSITIVE
POWER
0
10 SHARED
DISPOSITIVE POWER
14,246,924
11 AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
14,246,924
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / /
13 PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
9.11%
14 TYPE OF
REPORTING PERSON
PN
SCHEDULE 13D
CUSIP No. 98421M 106
1. NAME OF
REPORTING PERSON
Icahn Partners LP
2 CHECK THE
APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) / /
(b) / /
3 SEC USE
ONLY
4 SOURCE
OF FUNDS
WC
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / /
6 CITIZENSHIP
OR PLACE OF ORGANIZATION
Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH:
7 SOLE VOTING
POWER
19,998,390
8 SHARED
VOTING POWER
0
9 SOLE DISPOSITIVE
POWER
19,998,390
10 SHARED
DISPOSITIVE POWER
0
11 AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
19,998,390
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / /
13 PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
12.79%
14 TYPE OF
REPORTING PERSON
PN
SCHEDULE 13D
CUSIP No. 98421M 106
1. NAME OF
REPORTING PERSON
Icahn Onshore LP
2 CHECK THE
APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) / /
(b) / /
3 SEC USE
ONLY
4 SOURCE
OF FUNDS
OO
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / /
6 CITIZENSHIP
OR PLACE OF ORGANIZATION
Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH:
7 SOLE VOTING
POWER
0
8 SHARED
VOTING POWER
19,998,390
9 SOLE DISPOSITIVE
POWER
0
10 SHARED
DISPOSITIVE POWER
19,998,390
11 AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
19,998,390
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / /
13 PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
12.79%
14 TYPE OF
REPORTING PERSON
PN
SCHEDULE 13D
CUSIP No. 98421M 106
1. NAME OF
REPORTING PERSON
Icahn Capital LP
2 CHECK THE
APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) / /
(b) / /
3 SEC USE
ONLY
4 SOURCE
OF FUNDS
OO
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / /
6 CITIZENSHIP
OR PLACE OF ORGANIZATION
Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH:
7 SOLE VOTING
POWER
0
8 SHARED
VOTING POWER
34,245,314
9 SOLE DISPOSITIVE
POWER
0
10 SHARED
DISPOSITIVE POWER
34,245,314
11 AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
34,245,314
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / /
13 PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
21.90%
14 TYPE OF
REPORTING PERSON
PN
SCHEDULE 13D
CUSIP No. 98421M 106
1. NAME OF
REPORTING PERSON
IPH GP LLC
2 CHECK THE
APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) / /
(b) / /
3 SEC USE
ONLY
4 SOURCE
OF FUNDS
OO
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / /
6 CITIZENSHIP
OR PLACE OF ORGANIZATION
Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH:
7 SOLE VOTING
POWER
0
8 SHARED
VOTING POWER
34,245,314
9 SOLE DISPOSITIVE
POWER
0
10 SHARED
DISPOSITIVE POWER
34,245,314
11 AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
34,245,314
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / /
13 PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
21.90%
14 TYPE OF
REPORTING PERSON
OO
SCHEDULE 13D
CUSIP No. 98421M 106
1. NAME OF
REPORTING PERSON
Icahn Enterprises Holdings
L.P.
2 CHECK THE
APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) / /
(b) / /
3 SEC USE
ONLY
4 SOURCE
OF FUNDS
OO
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / /
6 CITIZENSHIP
OR PLACE OF ORGANIZATION
Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH:
7 SOLE VOTING
POWER
0
8 SHARED
VOTING POWER
34,245,314
9 SOLE DISPOSITIVE
POWER
0
10 SHARED
DISPOSITIVE POWER
34,245,314
11 AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
34,245,314
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / /
13 PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
21.90%
14 TYPE OF
REPORTING PERSON
PN
SCHEDULE 13D
CUSIP No. 98421M 106
1. NAME OF
REPORTING PERSON
Icahn Enterprises G.P.
Inc.
2 CHECK THE
APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) / /
(b) / /
3 SEC USE
ONLY
4 SOURCE
OF FUNDS
OO
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / /
6 CITIZENSHIP
OR PLACE OF ORGANIZATION
Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH:
7 SOLE VOTING
POWER
0
8 SHARED
VOTING POWER
34,245,314
9 SOLE DISPOSITIVE
POWER
0
10 SHARED
DISPOSITIVE POWER
34,245,314
11 AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
34,245,314
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / /
13 PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
21.90%
14 TYPE OF
REPORTING PERSON
CO
SCHEDULE 13D
CUSIP No. 98421M 106
1. NAME OF
REPORTING PERSON
Beckton Corp.
2 CHECK THE
APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) / /
(b) / /
3 SEC USE
ONLY
4 SOURCE
OF FUNDS
OO
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / /
6 CITIZENSHIP
OR PLACE OF ORGANIZATION
Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH:
7 SOLE VOTING
POWER
0
8 SHARED
VOTING POWER
34,245,314
9 SOLE DISPOSITIVE
POWER
0
10 SHARED
DISPOSITIVE POWER
34,245,314
11 AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
34,245,314
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / /
13 PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
21.90%
14 TYPE OF
REPORTING PERSON
CO
SCHEDULE 13D
CUSIP No. 98421M 106
1 NAME OF
REPORTING PERSON
Carl C. Icahn
2 CHECK THE
APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) / /
(b) / /
3 SEC USE
ONLY
4 SOURCE
OF FUNDS
OO
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) / /
6 CITIZENSHIP
OR PLACE OF ORGANIZATION
United States of America
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH:
7 SOLE VOTING
POWER
0
8 SHARED
VOTING POWER
34,245,314
9 SOLE DISPOSITIVE
POWER
0
10 SHARED
DISPOSITIVE POWER
34,245,314
11 AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
34,245,314
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / /
13 PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
21.90%
14 TYPE OF
REPORTING PERSON
IN
SCHEDULE 13D
This statement constitutes Amendment
No. 31 to the Schedule 13D relating to the shares of Common Stock, $1 par value (“Shares”), issued by Xerox Holdings Corporation
(successor to Xerox Corporation) (the “Issuer”), and hereby amends the Schedule 13D filed with the Securities and Exchange
Commission (the “SEC”) on November 23, 2015 (as previously amended, the “Schedule 13D”), to furnish the additional
information set forth herein. All capitalized terms contained herein but not otherwise defined shall have the meanings ascribed to such
terms in the Schedule 13D.
Item 3. Source and Amount of Funds or Other Consideration
The first paragraph of Item 3 of the Schedule 13D
is hereby amended by replacing it in its entirety with the following:
The Reporting Persons may be deemed
to be the beneficial owner of, in the aggregate, 34,245,314 Shares. Such Shares were purchased by the Reporting Persons collectively for
an aggregate purchase price of approximately $845.7 million.
Item 5. Interest in Securities of the Issuer
Item 5(a) and the first paragraph of Item 5(b) of
the Schedule 13D are hereby amended by replacing them in their entirety with the following:
(a) The Reporting Persons may
be deemed to beneficially own, in the aggregate, 34,245,314 Shares, representing approximately 21.90% of the Issuer's outstanding Shares
(based upon the 156,354,571 Shares stated to be outstanding as of January 31, 2022 by the Issuer in the Issuer’s Annual Report on
Form 10-K filed with the Securities and Exchange Commission on February 23, 2022).
(b) Icahn Master has sole voting
power and sole dispositive power with regard to 14,246,924 Shares. Each of Icahn Offshore, Icahn Capital, IPH, Icahn Enterprises Holdings,
Icahn Enterprises GP, Beckton and Mr. Icahn has shared voting power and shared dispositive power with regard to such Shares. Icahn Partners
has sole voting power and sole dispositive power with regard to 19,998,390 Shares. Each of Icahn Onshore, Icahn Capital, IPH, Icahn Enterprises
Holdings, Icahn Enterprises GP, Beckton and Mr. Icahn has shared voting power and shared dispositive power with regard to such Shares.
Item 5(c) of the Schedule 13D is
hereby amended by the addition of the following:
(c) The following table sets forth
all transactions with respect to Shares effected during the past sixty (60) days by any of the Reporting Persons. Except as otherwise
noted below, all such transactions were purchases of Shares effected in the open market, and the table includes commissions paid in per
share prices.
Name of Reporting Person |
Date of Transaction |
Amount of Securities |
Price Per Share
|
Icahn Partners LP |
04/22/2022 |
772,157 |
$16.96 |
Icahn Partners LP |
04/25/2022 |
457,778 |
$17.17 |
|
|
|
|
Icahn Partners Master Fund LP |
04/22/2022 |
574,366 |
$16.96 |
Icahn Partners Master Fund LP |
04/25/2022 |
326,122 |
$17.17 |
SIGNATURE
After reasonable inquiry and to
the best of each of the undersigned knowledge and belief, each of the undersigned certifies that the information set forth in this statement
is true, complete and correct.
Dated: April 25, 2022
ICAHN PARTNERS LP
ICAHN ONSHORE LP
ICAHN PARTNERS MASTER FUND LP
ICAHN OFFSHORE LP
ICAHN CAPITAL LP
IPH GP LLC
Name: Jesse Lynn
Title: Chief Operating Officer
BECKTON CORP.
Name: Jesse Lynn
Title: Vice President
ICAHN ENTERPRISES HOLDINGS L.P.
By: Icahn Enterprises G.P. Inc.,
its general partner
ICAHN ENTERPRISES G.P. INC.
Name: Ted Papapostolou
Title: Chief Financial Officer
/s/ Carl C. Icahn
CARL C. ICAHN
[Signature Page of Amendment No. 31 to Schedule 13D
– Xerox Holdings Corporation]