Colucci Marlene M 4
4 · GXO Logistics, Inc. · Filed Jan 4, 2023
Insider Transaction Report
Form 4
Colucci Marlene M
Director
Transactions
- Award
Restricted Stock Units
2023-01-03+4,453→ 4,453 total→ Common Stock (4,453 underlying)
Holdings
- 2,637
Common Stock
- 5,260
Restricted Stock Units
→ Common Stock (5,260 underlying) - 2,120
Restricted Stock Units
→ Common Stock (2,120 underlying) - 3,527
Restricted Stock Units
→ Common Stock (3,527 underlying)
Footnotes (5)
- [F1]Each Restricted Stock Unit ("RSU") represents a contingent right to receive, either (i) one share of GXO Logistics, Inc. ("GXO") common stock, par value $0.01 per share ("GXO Common Stock"), or (ii) a cash payment equal to the fair market value of one share of GXO Common Stock.
- [F2]The RSUs shall vest in full on January 3, 2024, subject to the Reporting Person's continued service as a director of GXO.
- [F3]The RSUs vested in full on January 3, 2023 and are subject to a deferral election. On December 23, 2022, the Compensation Committee of the Board of Directors of GXO terminated the deferral and accelerated the payment of the RSUs to as soon as practicable after January 2, 2024 and not later than January 31, 2024.
- [F4]The RSUs vested in full on January 3, 2022 and are subject to a deferral election. On December 23, 2022, the Compensation Committee of the Board of Directors of GXO terminated the deferral and accelerated the payment of the RSUs to as soon as practicable after January 2, 2024 and not later than January 31, 2024.
- [F5]The RSUs vested in full on January 4, 2021 and are subject to a deferral election. On December 23, 2022, the Compensation Committee of the Board of Directors of GXO terminated the deferral and accelerated the payment of the RSUs to as soon as practicable after January 2, 2024 and not later than January 31, 2024.