4//SEC Filing
Robinson Lance A 4
Accession 0001166003-22-000017
CIK 0001166003other
Filed
Jan 18, 7:00 PM ET
Accepted
Jan 19, 4:31 PM ET
Size
9.5 KB
Accession
0001166003-22-000017
Insider Transaction Report
Form 4
Robinson Lance A
Global CAO
Transactions
- Exercise/Conversion
Common Stock, par value $0.001 per share
2022-01-15+3,816→ 74,216 total - Tax Payment
Common Stock, par value $0.001 per share
2022-01-15$70.41/sh−2,003$141,031→ 72,213 total - Exercise/Conversion
Restricted Stock Unit
2022-01-15−3,816→ 3,815 total→ Common Stock, par value $0.001 per share (3,816 underlying)
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 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]50% of these RSUs vest on January 15, 2022 and 50% on January 15, 2023, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.
Documents
Issuer
XPO Logistics, Inc.
CIK 0001166003
Entity typeother
Related Parties
1- filerCIK 0001654704
Filing Metadata
- Form type
- 4
- Filed
- Jan 18, 7:00 PM ET
- Accepted
- Jan 19, 4:31 PM ET
- Size
- 9.5 KB