4//SEC Filing
Hammond Maryclaire 4
Accession 0001875528-23-000006
CIK 0001852244other
Filed
Mar 13, 8:00 PM ET
Accepted
Mar 14, 5:50 PM ET
Size
8.8 KB
Accession
0001875528-23-000006
Insider Transaction Report
Form 4
Hammond Maryclaire
Chief Human Resources Officer
Transactions
- Tax Payment
Common Stock
2023-03-13$46.35/sh−613$28,413→ 10,993 total - Exercise/Conversion
Common Stock
2023-03-10+1,284→ 11,606 total - Exercise/Conversion
Restricted Stock Units
2023-03-10−1,284→ 2,568 total→ Common Stock (1,284 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 on March 10, 2023, and were settled on March 13, 2023, as originally scheduled, and there were no related discretionary transactions or open market sales.
- [F2]Each 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.
- [F3]The RSUs vest in four equal annual installments on the first, second, third, and fourth anniversaries of the grant date, March 10, 2021, subject to the Reporting Person's continued employment with GXO.
Documents
Issuer
GXO Logistics, Inc.
CIK 0001852244
Entity typeother
Related Parties
1- filerCIK 0001875528
Filing Metadata
- Form type
- 4
- Filed
- Mar 13, 8:00 PM ET
- Accepted
- Mar 14, 5:50 PM ET
- Size
- 8.8 KB