Hammond Maryclaire 4
4 · GXO Logistics, Inc. · Filed Dec 12, 2022
Insider Transaction Report
Form 4
Hammond Maryclaire
Chief Human Resources Officer
Transactions
- Exercise/Conversion
Common Stock
2022-12-08+3,200→ 11,218 total - Tax Payment
Common Stock
2022-12-08$43.90/sh−1,471$64,577→ 9,747 total - Exercise/Conversion
Restricted Stock Units
2022-12-08−3,200→ 3,197 total→ Common Stock (3,200 underlying)
Footnotes (3)
- [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 December 8, 2022, 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, one share of GXO Common Stock.
- [F3]The RSUs vest in two equal annual installments on the second and third anniversaries of the grant date, December 8, 2020, subject to the Reporting Person's continued employment with the Issuer.