Wilson Malcolm 4
4 · GXO Logistics, Inc. · Filed Mar 11, 2024
Insider Transaction Report
Form 4
Wilson Malcolm
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Common Stock
2024-03-10+3,503→ 90,474 total - Exercise/Conversion
Restricted Stock Units
2024-03-07−5,607→ 16,822 total→ Common Stock (5,607 underlying) - Award
Restricted Stock Units
2024-03-07+22,573→ 22,573 total→ Common Stock (22,573 underlying) - Exercise/Conversion
Restricted Stock Units
2024-03-10−3,503→ 3,503 total→ Common Stock (3,503 underlying) - Tax Payment
Common Stock
2024-03-07$49.88/sh−2,636$131,484→ 86,971 total - Tax Payment
Common Stock
2024-03-11$49.20/sh−1,647$81,032→ 88,827 total - Exercise/Conversion
Common Stock
2024-03-07+5,607→ 89,607 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 the 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.