4//SEC Filing
Ritter Greg 4
Accession 0001140361-12-039539
CIK 0001166003other
Filed
Sep 4, 8:00 PM ET
Accepted
Sep 5, 6:28 PM ET
Size
21.1 KB
Accession
0001140361-12-039539
Insider Transaction Report
Form 4
Ritter Greg
Sr. VP, Brokerage Operations
Transactions
- Exercise/Conversion
Restricted Stock Units
2012-09-02−10,000→ 40,000 total→ Common Stock, par value $0.001 per share (10,000 underlying) - Tax Payment
Common Stock
2012-09-02$14.83/sh−1,100$16,313→ 8,900 total - Exercise/Conversion
Common Stock
2012-09-02+10,000→ 10,000 total
Footnotes (3)
- [F1]Each Restricted Stock Unit represented 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. The transactions reported in this Form 4 relate to the vesting and settlement of previously granted restricted stock units, as well as the withholding of shares to satisfy tax withholding obligations related to the settlement of, and pursuant to the terms of the award agreements governing, such restricted stock units (see footnote 2). There were no open market sales related to the settlement of the restricted stock units or reported on this Form 4.
- [F2]In connection with the vesting of the first 20% installment of the Restricted Stock Units, the Issuer withheld 1,100 shares of Common Stock to satisfy tax withholding obligations.
- [F3]The Restricted Stock Units were initially unvested. The first 20% installment of the Restricted Stock Units vested and was settled on September 2, 2012.
Documents
Issuer
XPO Logistics, Inc.
CIK 0001166003
Entity typeother
Related Parties
1- filerCIK 0001364892
Filing Metadata
- Form type
- 4
- Filed
- Sep 4, 8:00 PM ET
- Accepted
- Sep 5, 6:28 PM ET
- Size
- 21.1 KB