4//SEC Filing
Wagers Kenneth R III 4
Accession 0001166003-19-000025
CIK 0001166003other
Filed
Mar 10, 8:00 PM ET
Accepted
Mar 11, 6:17 PM ET
Size
11.2 KB
Accession
0001166003-19-000025
Insider Transaction Report
Form 4
Wagers Kenneth R III
Chief Operating Officer
Transactions
- Tax Payment
Common Stock, par value $0.001 per share
2019-03-11$49.85/sh−2,286$113,957→ 7,006 total - Exercise/Conversion
Common Stock, par value $0.001 per share
2019-03-11+9,292→ 9,292 total - Exercise/Conversion
Restricted Stock Unit
2019-03-11−9,292→ 95,708 total→ Common Stock, par value $0.001 per share (9,292 underlying) - Disposition to Issuer
Restricted Stock Unit
2019-03-11−95,708→ 0 total→ Common Stock, par value $0.001 per share (95,708 underlying)
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 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]On April 23, 2018, the Reporting Person received a grant of 105,000 RSUs, 10,500 of which were scheduled to vest on the first anniversary of the grant. The 9,292 RSUs reported as vested on this report represent the prorated portion of RSUs that vested upon the Reporting Person's termination without cause pursuant to the terms of his award agreement with the Issuer dated April 23, 2018. The remaining 95,708 RSUs were forfeited upon the Reporting Person's termination without cause in accordance with the terms of such award agreement.
Documents
Issuer
XPO Logistics, Inc.
CIK 0001166003
Entity typeother
Related Parties
1- filerCIK 0001738294
Filing Metadata
- Form type
- 4
- Filed
- Mar 10, 8:00 PM ET
- Accepted
- Mar 11, 6:17 PM ET
- Size
- 11.2 KB