Cooper Troy A. 4
4 · XPO Logistics, Inc. · Filed Feb 21, 2018
Insider Transaction Report
Form 4
Cooper Troy A.
SVP, Oper. and Finance
Transactions
- Tax Payment
Common Stock, par value $0.001 per share
2018-02-19$91.43/sh−35,295$3,227,022→ 143,396 total - Award
Common Stock, par value $0.001 per share
2018-02-19+40,051→ 136,618 total - Award
Common Stock, par value $0.001 per share
2018-02-19+25,000→ 161,618 total - Award
Common Stock, par value $0.001 per share
2018-02-19+17,073→ 178,691 total
Footnotes (4)
- [F1]On March 14, 2014, the Reporting Person was granted 40,051 unvested performance-based restricted stock units ("PRSUs"), subject to the Issuer's satisfaction of certain predetermined performance criteria and the Reporting Person's continued employment with the Issuer. On February 19, 2018, the Compensation Committee of the Board of Directors of the Issuer certified that the performance criteria applicable to such PRSUs has been satisfied and such PRSUs vested in full.
- [F2]On June 30, 2014, the Reporting Person was granted 25,000 unvested PRSUs, subject to the Issuer's satisfaction of certain predetermined performance criteria and the Reporting Person's continued employment with the Issuer. On February 19, 2018, the Compensation Committee of the Board of Directors of the Issuer certified that the performance criteria applicable to such PRSUs has been satisfied and such PRSUs vested in full.
- [F3]On February 27, 2015, the Reporting Person was granted 17,073 unvested PRSUs, subject to the Issuer's satisfaction of certain predetermined performance criteria and the Reporting Person's continued employment with the Issuer. On February 19, 2018, the Compensation Committee of the Board of Directors of the Issuer certified that the performance criteria applicable to such PRSUs has been satisfied and such PRSUs vested in full.
- [F4]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 PRSUs reported on this Form 4. These PRSUs vested and were settled as originally scheduled, and there were no related discretionary transactions or open market sales.