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XPO, Inc. Director's Dealing 2018

Feb 21, 2018

30406_dirs_2018-02-21_ab61c0e5-23d5-4e94-8ba0-c17f6b0f70a8.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: 2018-02-19

Reporting Person: Harik Mario A (Chief Information Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-02-19 Common Stock, par value $0.001 per share A 26434 Acquired 90518 Direct
2018-02-19 Common Stock, par value $0.001 per share A 8536 Acquired 99054 Direct
2018-02-19 Common Stock, par value $0.001 per share F 13891 $91.43 Disposed 85163 Direct

Footnotes

F1: On March 14, 2014, the Reporting Person was granted 26,434 unvested performance-based restricted stock units ("PRSUs"), subject to the Issuer's satisfaction of certain predetermined performance criteria and the Reporting Person's continued employment with the Issuer. On February 19, 2018, the Compensation Committee of the Board of Directors of the Issuer certified that the performance criteria applicable to such PRSUs has been satisfied and such PRSUs vested in full.

F2: On February 27, 2015, the Reporting Person was granted 8,536 unvested PRSUs, subject to the Issuer's satisfaction of certain predetermined performance criteria and the Reporting Person's continued employment with the Issuer. On February 19, 2018, the Compensation Committee of the Board of Directors of the Issuer certified that the performance criteria applicable to such PRSUs has been satisfied and such PRSUs vested in full.

F3: No shares were sold by the Reporting Person. 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 as originally scheduled, and there were no related discretionary transactions or open market sales.