Tulsyan Ravi 4
4 · XPO Logistics, Inc. · Filed Nov 17, 2022
Insider Transaction Report
Form 4
Tulsyan Ravi
Chief Financial Officer
Transactions
- Award
Restricted Stock Unit
2022-11-01+82,932→ 82,932 total→ Common Stock, par value $0.001 per share (82,932 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 March 7, 2022, the Reporting Person was granted unvested RSUs, subject to the Issuer's satisfaction of certain predetermined performance criteria. On November 1, 2022, the performance criteria applicable to such RSUs was satisfied. 100% of the RSUs shall vest on March 7, 2025, generally subject to the Reporting Person's continued employment with the Issuer through the date of such later occurrence.