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XPO, Inc. Director's Dealing 2014

Jan 13, 2014

30406_dirs_2014-01-13_dda23fb6-9848-4965-b998-c592995a9e59.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: 2013-12-12

Reporting Person: Martell James J (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2013-12-12 Restricted Stock Unit $ A 2500 Acquired Common Stock, par value $0.001 per share (2500) Direct
2013-12-12 Director Stock Option (right to buy) $23.19 A 8000 Acquired 2023-12-12 Common Stock, par value $0.001 per share (8000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock, par value $0.001 per share 51139 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Restricted Stock Unit $ Common Stock, par value $0.001 per share (2500) 2500 Direct
Director Stock Option (right to buy) $16.74 2022-12-11 Common Stock, par value $0.001 per share (8000) 8000 Direct
Director Stock Option (right to buy) $9.28 2021-11-21 Common Stock, par value $0.001 per share (8000) 8000 Direct
Director Stock Option (right to buy) $5 2020-01-29 Common Stock, par value $0.001 per share (6250) 6250 Direct
Director Stock Option (right to buy) $3.88 2019-01-27 Common Stock, par value $0.001 per share (6250) 6250 Direct
Director Stock Option (right to buy) $4.16 2018-01-28 Common Stock, par value $0.001 per share (6250) 6250 Direct
Director Stock Option (right to buy) $5.4 2017-02-28 Common Stock, par value $0.001 per share (6250) 6250 Direct
Director Stock Option (right to buy) $2.96 2015-12-12 Common Stock, par value $0.001 per share (25000) 25000 Direct
Director Stock Option (right to buy) $5 2015-07-15 Common Stock, par value $0.001 per share (25000) 25000 Direct
See footnote $7 Common Stock, par value $0.001 per share (103571) 725 Direct
Warrants $7 2021-09-02 Common Stock, par value $0.001 per share (103572) 103572 Direct

Footnotes

F1: 39,099 of these shares were purchased by the Reporting Person pursuant to a subscription agreement with the Issuer, dated July 12, 2013, which closed on August 15, 2013, and are restricted for resale until September 2, 2016.

F2: 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.

F3: The Restricted Stock Units shall vest on January 2, 2015, subject to the Reporting Person's continued service as a director of the Issuer.

F4: The Restricted Stock Units vested in full on December 11, 2013 and are subject to a deferral election. Shares of Common Stock will be delivered to the reporting person as per the terms of the deferral election.

F5: The Director Stock Options shall vest and become exercisable on January 2, 2015, subject to the Reporting Person's continued service as a director of the Issuer.

F6: The Director Stock Options are fully vested and exercisable as of the filing date of this Form 4.

F7: Series A Convertible Perpetual Preferred Stock, par value $0.001 per share.

F8: The initial conversion price of the Series A Convertible Perpetual Preferred Stock is $7 per share of Common Stock, subject to adjustment as set forth in the Certificate of Designation of Series A Convertible Perpetual Preferred Stock, filed as Exhibit 4.1 to the Issuer's Current Report on Form 8-K filed with the SEC on September 6, 2011 (the "Certificate of Designation").

F9: The Series A Convertible Perpetual Preferred Stock has no expiration date.

F10: Represents 103,571 shares of Common Stock initially issuable upon conversion of 725 shares of Series A Convertible Perpetual Preferred Stock, subject to adjustment as set forth in the Certificate of Designation.

F11: 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").

F12: Represents 103,572 shares of Common Stock initially issuable upon conversion of 103,572 Warrants, subject to adjustment as set forth in the Warrant Certificate.