XPO Logistics, Inc. 4
4 · XPO Logistics, Inc. · Filed Jan 5, 2016
Insider Transaction Report
Form 4
ANDERSEN G CHRIS
Director
Transactions
- Award
Restricted Stock Unit
2016-01-04+6,501→ 6,501 total→ Common Stock, par value $0.001 per share (6,501 underlying)
Holdings
- 4,257
Restricted Stock Unit
→ Common Stock, par value $0.001 per share (4,257 underlying) - 8,000
Director Stock Option (right to buy)
Exercise: $23.19From: 2015-01-02Exp: 2023-12-12→ Common Stock, par value $0.001 per share (8,000 underlying) - 35,713
Warrants
Exercise: $7.00From: 2011-09-02Exp: 2021-09-02→ Common Stock, par value $0.001 per share (35,713 underlying) - 5,000
Common Stock, par value $0.001 per share
- 2,500
Restricted Stock Unit
→ Common Stock, par value $0.001 per share (2,500 underlying) - 250
See footnote
Exercise: $7.00From: 2011-09-02→ Common Stock, par value $0.001 per share (35,713 underlying)
Footnotes (10)
- [F1]Each Restricted Stock Unit ("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.
- [F10]Represents 35,713 shares of Common Stock initially issuable upon the exercise of 35,713 Warrants, subject to adjustment as set forth in the Warrant Certificate.
- [F2]The RSUs shall vest on January 4, 2017, subject to the Reporting Person's continued service as a director of the Issuer.
- [F3]The RSUs vested in full on January 2, 2016 and are subject to a deferral election. Shares of Common Stock will be delivered to the Reporting Person as per the terms of the deferral election.
- [F4]The RSUs vested in full on December 11, 2013 and are subject to a deferral election. Shares of Common Stock will be delivered to the Reporting Person as per the terms of the deferral election.
- [F5]Series A Convertible Perpetual Preferred Stock, par value $0.001 per share.
- [F6]The initial conversion price of the Series A Convertible Perpetual Preferred Stock is $7 per share of Common Stock, subject to adjustment as set forth in the Certificate of Designation of Series A Convertible Perpetual Preferred Stock, filed as Exhibit 4.1 to the Issuer's Current Report on Form 8-K filed with the SEC on September 6, 2011 (the "Certificate of Designation").
- [F7]The Series A Convertible Perpetual Preferred Stock has no expiration date.
- [F8]Represents 35,713 shares of Common Stock initially issuable upon conversion of 250 shares of Series A Convertible Perpetual Preferred Stock, subject to adjustment as set forth in the Certificate of Designation.
- [F9]The initial exercise price of the Warrants is $7 per share of Common Stock, subject to adjustment as set forth in the Form of Warrant Certificate, filed as Exhibit 4.2 to the Issuer's Current Report on Form 8-K filed with the SEC on September 6, 2011 (the "Warrant Certificate").