4//SEC Filing
Kirsis Karlis 4
Accession 0001874209-25-000002
CIK 0001852244other
Filed
Mar 9, 8:00 PM ET
Accepted
Mar 10, 5:57 PM ET
Size
22.5 KB
Accession
0001874209-25-000002
Insider Transaction Report
Form 4
Kirsis Karlis
Chief Legal Officer
Transactions
- Exercise/Conversion
Common Stock
2025-03-07+3,240→ 38,212 total - Tax Payment
Common Stock
2025-03-07$38.38/sh−3,567$136,901→ 38,992 total - Exercise/Conversion
Common Stock
2025-03-07+4,347→ 42,559 total - Tax Payment
Common Stock
2025-03-10$38.10/sh−768$29,261→ 39,858 total - Award
Restricted Stock Units
2025-03-06+5,906→ 5,906 total→ Common Stock (5,906 underlying) - Award
Restricted Stock Units
2025-03-07+17,061→ 17,061 total→ Common Stock (17,061 underlying) - Exercise/Conversion
Restricted Stock Units
2025-03-07−3,240→ 6,479 total→ Common Stock (3,240 underlying) - Exercise/Conversion
Restricted Stock Units
2025-03-07−4,347→ 8,695 total→ Common Stock (4,347 underlying) - Exercise/Conversion
Restricted Stock Units
2025-03-10−1,634→ 0 total→ Common Stock (1,634 underlying) - Exercise/Conversion
Common Stock
2025-03-10+1,634→ 40,626 total
Footnotes (8)
- [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, 2025, 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 and were settled on March 10, 2025, 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]On March 30, 2022, the Reporting Person was granted Performance Share Units ("PSUs"), the vesting of which was subject to the achievement of certain performance criteria. The number of shares reported represents the number of PSUs that were earned as a result of the achievement of such performance criteria which were certified on March 6, 2025 . Such PSUs converted to time-based RSUs that will vest on January 15, 2026, subject to the Reporting Person's continued employment with GXO.
- [F5]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.
- [F6]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.
- [F7]These RSUs vest in three equal annual installments on March 7, 2026, March 7, 2027 and March 7, 2028, subject to the Reporting Person's continued employment with GXO.
- [F8]These RSUs vested 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 9, 8:00 PM ET
- Accepted
- Mar 10, 5:57 PM ET
- Size
- 22.5 KB