4//SEC Filing
Robinson Lance A 4
Accession 0001166003-21-000096
CIK 0001166003other
Filed
Oct 4, 8:00 PM ET
Accepted
Oct 5, 7:33 PM ET
Size
14.0 KB
Accession
0001166003-21-000096
Insider Transaction Report
Form 4
Robinson Lance A
Global CAO
Transactions
- Exercise/Conversion
Common Stock, par value $0.001 per share
2021-10-01+16,521→ 79,178 total - Exercise/Conversion
Restricted Stock Unit
2021-10-01−16,521→ 66,082 total→ Common Stock, par value $0.001 per share (16,521 underlying) - Tax Payment
Common Stock, par value $0.001 per share
2021-10-01$80.85/sh−8,778$709,701→ 70,400 total
Footnotes (4)
- [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 October 1, 2021 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]Reflects previously granted RSUs with adjustments to the number of shares of Common Stock underlying such RSUs to maintain the economic value of the shares of Common Stock underlying the RSUs prior to the Issuer's spin-off of its logistics segment on August 2, 2021 (the "Spin-off"). These previously granted RSUs have the same vesting and other applicable terms and conditions as they did immediately prior to the Spin-Off.
- [F4]The RSUs vest in ten equal annual installments, beginning on October 1, 2016 and continuing on the next nine anniversaries thereof, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.
Issuer
XPO Logistics, Inc.
CIK 0001166003
Entity typeother
Related Parties
1- filerCIK 0001654704
Filing Metadata
- Form type
- 4
- Filed
- Oct 4, 8:00 PM ET
- Accepted
- Oct 5, 7:33 PM ET
- Size
- 14.0 KB