XPO, Inc. — Director's Dealing 2010

Jun 28, 2010

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: EXPRESS-1 EXPEDITED SOLUTIONS INC (XPO)
CIK: 0001166003
Period of Report: 2010-04-19

Reporting Person: Welch John D. (Interim CFO)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $0.001 par value per share	164400	Direct
Common Stock, $0.001 par value per share	9706	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (right to buy)	$1.48	2017-02-07	Common Stock, $0.001 par value per share (10000)		Direct
Stock Option (right to buy)	$0.98	2018-01-16	Common Stock, $0.001 par value per share (11500)		Direct
Stock Option (right to buy)	$1.45	2020-03-02	Common Stock, $0.001 par value per share (50000)		Direct

Footnotes

F1: The option vests in 36 equal monthly installments commencing on 02/07/2007 and is exercisable, as it vests, through the end of the 10 year term.

F2: The option vests in 36 equal monthly installments commencing on 01/16/2008 and is exercisable, as it vests, through the end of the 10 year term.

F3: The option vests in 36 equal monthly installments commencing on 03/02/2010 and is exercisable, as it vests, through the end of the 10 year term.