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XPO, Inc. Director's Dealing 2012

Dec 20, 2012

30406_dirs_2012-12-20_67a33699-bf3a-4c06-8127-933401055a71.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: XPO Logistics, Inc. (XPO)
CIK: 0001166003
Period of Report: 2012-12-20

Reporting Person: SHAFFER OREN (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2012-12-20 Common Stock, par value $0.001 per share M 2500 Acquired 12500 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2012-12-20 Restricted Stock Units $ M 2500 Disposed Common Stock, par value $0.001 per share (2500) Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Restricted Stock Units $ Common Stock, par value $0.001 per share (2500) 2500 Direct
Director Stock Options (right to buy) $16.74 2022-12-11 Common Stock, par value $0.001 per share (8000) 8000 Direct
Director Stock Options (right to buy) $9.28 2021-11-21 Common Stock, par value $0.001 per share (8000) 8000 Direct
Warrants $7 2021-09-02 Common Stock, par value $0.001 per share (8500) 8500 Direct

Footnotes

F1: The Restricted Stock Units shall vest on December 11, 2013, subject to the Reporting Person's continued service as a director of the Issuer.

F2: The Director Stock Options shall vest and become exercisable on December 11, 2013, subject to the Reporting Person's continued service as a director of the Issuer.

F3: The initial exercise price of the Warrants is $7 per share of Common Stock, subject to adjustment as set forth in the Form of Warrant Certificate, filed as Exhibit 4.2 to the Issuer's Current Report on Form 8-K filed with the SEC on September 6, 2011 (the "Warrant Certificate").

F4: Represents shares of Common Stock initially issuable upon the exercise of Warrants, subject to adjustment as set forth in the Warrant Certificate.

F5: Each Restricted Stock Unit represents a contingent right to receive, upon settlement, either (i) one share of Common Stock or (ii) a cash payment equal to the fair market value of one share of Common Stock.

F6: These Restricted Stock Units vested in full on September 2, 2012 and were settled on December 20, 2012.