4//SEC Filing
XPO Logistics, Inc. 4
Accession 0001166003-17-000023
$XPOCIK 0001166003operating
Filed
Feb 16, 7:00 PM ET
Accepted
Feb 17, 4:53 PM ET
Size
9.0 KB
Accession
0001166003-17-000023
Insider Transaction Report
Form 4
Devens Gordon E
SR. VP, GENERAL COUNSEL
Transactions
- Exercise/Conversion
Restricted Stock Unit
2017-02-15−11,429→ 11,428 total→ Common Stock, par value $0.001 per share (11,429 underlying) - Exercise/Conversion
Common Stock, par value $0.001 per share
2017-02-15+11,429→ 38,935 total - Tax Payment
Common Stock, par value $0.001 per share
2017-02-15$50.49/sh−3,956$199,738→ 34,979 total
Footnotes (3)
- [F1]No shares were sold by the Reporting Person. 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 February 15, 2017, as originally scheduled, and there were no related discretionary transactions or open market sales.
- [F2]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.
- [F3]The RSUs vest in installments of 60% on September 2, 2016, and 20% each on February 15, 2017 and February 15, 2018, subject to satisfaction of a specified performance goal, which has been certified as having been satisfied, and the Reporting Person's continued employment with the Issuer on such dates.
Documents
Issuer
XPO Logistics, Inc.
CIK 0001166003
Entity typeoperating
Related Parties
1- filerCIK 0001166003
Filing Metadata
- Form type
- 4
- Filed
- Feb 16, 7:00 PM ET
- Accepted
- Feb 17, 4:53 PM ET
- Size
- 9.0 KB