Robinson Lance A 4
4 · XPO Logistics, Inc. · Filed Aug 4, 2021
Insider Transaction Report
Form 4
Robinson Lance A
Global CAO
Transactions
- Award
Restricted Stock Unit
2021-08-02+8,705→ 114,683 total→ Common Stock, par value $0.001 per share (8,705 underlying)
Footnotes (2)
- [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.
- [F2]On December 8, 2020, the Reporting Person was granted unvested RSUs, subject to the Issuer's satisfaction of certain predetermined performance criteria. On August 2, 2021, the performance criteria applicable to such RSUs was satisfied. 4,353 RSUs shall vest on December 8, 2022 and 4,352 RSUs shall vest on December 8, 2023, generally subject to the Reporting Person's continued employment with the Issuer through the date of such later occurrence.