4//SEC Filing
Kirsis Karlis 4
Accession 0001874209-24-000002
CIK 0001852244other
Filed
Mar 10, 8:00 PM ET
Accepted
Mar 11, 8:42 PM ET
Size
16.5 KB
Accession
0001874209-24-000002
Insider Transaction Report
Form 4
Kirsis Karlis
Chief Legal Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2024-03-07−3,240→ 9,719 total→ Common Stock (3,240 underlying) - Award
Restricted Stock Units
2024-03-07+13,042→ 13,042 total→ Common Stock (13,042 underlying) - Exercise/Conversion
Common Stock
2024-03-10+1,636→ 34,638 total - Exercise/Conversion
Restricted Stock Units
2024-03-10−1,636→ 1,634 total→ Common Stock (1,636 underlying) - Exercise/Conversion
Common Stock
2024-03-07+3,240→ 34,525 total - Tax Payment
Common Stock
2024-03-07$49.88/sh−1,523$75,967→ 33,002 total - Tax Payment
Common Stock
2024-03-11$49.20/sh−769$37,835→ 33,869 total
Footnotes (6)
- [F1]No shares were sold by the Reporting Person. These shares were withheld by GXO Logistics, Inc. ("GXO") 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 March 7, 2024, as originally scheduled, and there were no related discretionary transactions or open market sales.
- [F2]No shares were sold by the Reporting Person. These shares were withheld by GXO to fund tax liability attributable to the vesting and settlement of the RSUs reported on this Form 4. These RSUs vested on March 10, 2024 and were settled on March 11, 2024, as originally scheduled, and there were no related discretionary transactions or open market sales.
- [F3]Each RSU represents a contingent right to receive, either (i) one share of 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.
- [F4]These RSUs vest in four equal annual installments on March 7, 2024, March 7, 2025, March 7, 2026 and March 7, 2027, subject to the Reporting Person's continued employment with GXO.
- [F5]These RSUs vest in three equal annual installments on March 7, 2025, March 7, 2026 and March 7, 2027, subject to the Reporting Person's continued employment with GXO.
- [F6]These RSUs vest in four equal annual installments on March 10, 2022, March 10, 2023, March 10, 2024 and March 10, 2025, subject to the Reporting Person's continued employment with GXO.
Documents
Issuer
GXO Logistics, Inc.
CIK 0001852244
Entity typeother
Related Parties
1- filerCIK 0001874209
Filing Metadata
- Form type
- 4
- Filed
- Mar 10, 8:00 PM ET
- Accepted
- Mar 11, 8:42 PM ET
- Size
- 16.5 KB