AI assistant
XPO, Inc. — Director's Dealing 2018
Aug 16, 2018
30406_dirs_2018-08-16_3a83c8d0-ea36-4764-a9a7-9b6dedced678.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: XPO Logistics, Inc. (XPO)
CIK: 0001166003
Period of Report: 2018-08-15
Reporting Person: Glickman Sarah JS (Acting Chief Financial Officer)
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Unit | $ | Common Stock, par value $0.001 per share (23760.0) | Direct | ||
| Restricted Stock Unit | $ | Common Stock, par value $0.001 per share (17050.0) | Direct |
Footnotes
F1: The Restricted Stock Units ("RSUs") were granted to the Reporting Person on August 9, 2018 (the "Grant Date"). The RSUs remain unvested until the later to occur of (i) the average closing price of a share of the Issuer's common stock, as reported on the New York Stock Exchange or such other exchange upon which the shares trade, equals or exceeds $200.00 over any twenty-consecutive-trading-day period ending on or prior to the fifth anniversary of the Grant Date and (ii) the third anniversary of the Grant Date, generally subject to the Reporting Person's continued employment with the Issuer through the date of such later occurrence.
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 vest in six equal annual installments, beginning on June 8, 2019 and continuing to vest on the next five anniversaries thereof, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.