AI assistant
XPO, Inc. — Director's Dealing 2013
Sep 4, 2013
30406_dirs_2013-09-04_1a0005a6-80b6-49b2-85ec-073c47867532.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: XPO Logistics, Inc. (XPO)
CIK: 0001166003
Period of Report: 2013-09-02
Reporting Person: Ritter Greg (SVP, Strategic Accounts)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-09-02 | Common Stock, par value $0.001 per share | M | 10000 | — | Acquired | 18900 | Direct |
| 2013-09-02 | Common Stock, par value $0.001 per share | F | 2500 | $22.96 | Disposed | 16400 | Direct |
| 2013-09-04 | Common Stock, par value $0.001 per share | S | 1002 | $22.85 | Disposed | 15398 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-09-02 | Restricted Stock Unit | $ | M | 10000 | Disposed | Common Stock, par value $0.001 per share (10000) | Direct |
Footnotes
F1: Each restricted stock unit ("RSU") 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.
F2: These shares of Common Stock were withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting and settlement of RSUs.
F3: These shares were sold to fund tax liability attributable to the related vesting and settlement of RSUs.
F4: The RSUs vest and are settled as follows: 10,000 RSUs vested and were settled on September 2, 2012, and 10,000 RSUs vest and shall be settled on each of the first, second, third and fourth anniversaries thereof, subject to the Reporting Person's continued employment with the Issuer.