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XPO, Inc. — Director's Dealing 2014
Sep 4, 2014
30406_dirs_2014-09-04_cc9e35e2-083d-4896-a857-d0cdebf29f9d.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: 2014-09-02
Reporting Person: Harik Mario A (Chief Information Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-09-02 | Common Stock, par value $0.001 per share | M | 19000 | — | Acquired | 46947 | Direct |
| 2014-09-02 | Common Stock, par value $0.001 per share | F | 5748 | $30.97 | Disposed | 41199 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-09-02 | Restricted Stock Unit | $ | M | 19000 | Disposed | Common Stock, par value $0.001 per share (19000.0) | 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 were withheld to fund tax liability attributable to the settlement of the RSUs reported on this Form 4. These RSUs vested and were settled on September 2, 2014, as originally scheduled, and there were no related discretionary transactions or open market sales.
F3: The RSUs vest and shall be settled in equal annual installments of 20% each, beginning on September 2, 2012 and continuing on the first, second, third and fourth anniversaries thereof, subject to the Reporting Person's continued employment with the Issuer.