Hammond Maryclaire 4
4 · GXO Logistics, Inc. · Filed Oct 4, 2022
Insider Transaction Report
Form 4
Hammond Maryclaire
Chief Human Resources Officer
Transactions
- Tax Payment
Common Stock
2022-10-01$35.06/sh−1,436$50,346→ 8,018 total - Exercise/Conversion
Restricted Stock Units
2022-10-01+3,140→ 0 total→ Common Stock (3,140 underlying) - Exercise/Conversion
Common Stock
2022-10-01+3,140→ 9,454 total
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 October 1, 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 Common Stock.
- [F3]The RSUs vest in three equal annual installments on the first, second, and third anniversaries of the grant date, October 1, 2019, subject to the Reporting Person's continued employment with the Issuer.