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XPO, Inc. — Director's Dealing 2015
Sep 4, 2015
30406_dirs_2015-09-04_fc84b01d-6d41-4839-9c47-ba87db3ee7e9.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: 2015-09-02
Reporting Person: Harik Mario A (Chief Information Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-09-02 | Common Stock, par value $0.001 per share | M | 19000 | — | Acquired | 60199 | Direct |
| 2015-09-02 | Common Stock, par value $0.001 per share | F | 6175 | $34.26 | Disposed | 54024 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-09-02 | Restricted Stock Unit | $ | M | 19000 | Disposed | Common Stock, par value $0.001 per share (19000.0) | Direct |
Footnotes
F1: These shares were withheld by the Issuer to fund tax liability attributable to the vesting and settlement of the Restricted Stock Units ("RSUs") reported on this Form 4. These RSUs vested and were settled on September 2, 2015, as originally scheduled, and there were no related discretionary transactions or open market sales.
F2: Each 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.
F3: The RSUs vested and were settled on September 2, 2015.
F4: On November 14, 2011, the Reporting Person was granted 95,000 unvested RSUs. The RSUs shall thereafter vest 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.