4//SEC Filing
XPO Logistics, Inc. 4
Accession 0001166003-15-000050
$XPOCIK 0001166003operating
Filed
Sep 3, 8:00 PM ET
Accepted
Sep 4, 5:08 PM ET
Size
13.4 KB
Accession
0001166003-15-000050
Insider Transaction Report
Form 4
Malat Scott
SR. VP, STRATEGIC PLANNING
Transactions
- Exercise/Conversion
Restricted Stock Unit
2015-09-02−14,000→ 14,000 total→ Common Stock, par value $0.001 per share (14,000 underlying) - Exercise/Conversion
Common Stock, par value $0.001 per share
2015-09-02+14,000→ 50,022 total - Tax Payment
Common Stock, par value $0.001 per share
2015-09-02$34.26/sh−8,185$280,418→ 45,337 total - Exercise/Conversion
Common Stock, par value $0.001 per share
2015-09-02+3,500→ 53,522 total - Exercise/Conversion
Restricted Stock Unit
2015-09-02−3,500→ 3,500 total→ Common Stock, par value $0.001 per share (3,500 underlying)
Footnotes (6)
- [F1]These shares were withheld by the Issuer to fund tax liability attributable to the vesting and settlement of the Restricted Stock Units ("RSUs") reported on this Form 4. These RSUs vested and were settled on September 2, 2015, as originally scheduled, and there were no related discretionary transactions or open market sales.
- [F2]These securities are held in a joint account with the Reporting Person's spouse.
- [F3]Each 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.
- [F4]The RSUs vested and were settled on September 2, 2015.
- [F5]On October 21, 2011, the Reporting Person was granted 70,000 unvested RSUs. The RSUs shall thereafter vest in equal annual installments of 20% each, beginning on September 2, 2012 and continuing on the first, second, third and fourth anniversaries thereof, subject to the Reporting Person's continued employment with the Issuer.
- [F6]On October 21, 2011, the Reporting Person was granted 17,500 unvested RSUs, subject to the Issuers satisfaction of certain predetermined performance criteria and the Reporting Persons continued employment with the Issuer. On August 20, 2012, the Compensation Committee of the Board of Directors of the Issuer certified that the performance criteria applicable to such RSUs has been satisfied, and such RSUs shall thereafter vest in equal annual installments of 20% each, beginning on September 2, 2012 and continuing on the first, second, third and fourth anniversaries thereof, subject to the Reporting Person's continued employment with the Issuer.
Documents
Issuer
XPO Logistics, Inc.
CIK 0001166003
Entity typeoperating
Related Parties
1- filerCIK 0001166003
Filing Metadata
- Form type
- 4
- Filed
- Sep 3, 8:00 PM ET
- Accepted
- Sep 4, 5:08 PM ET
- Size
- 13.4 KB