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XPO, Inc. — Director's Dealing 2019
Jun 11, 2019
30406_dirs_2019-06-11_e70b1049-2570-4a63-86df-94e6e7fce004.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: 2019-06-10
Reporting Person: Glickman Sarah JS (Acting Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-06-10 | Common Stock, par value $0.001 per share | M | 2842 | — | Acquired | 2842 | Direct |
| 2019-06-10 | Common Stock, par value $0.001 per share | F | 891 | $53.78 | Disposed | 1951 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-06-10 | Restricted Stock Unit | $ | M | 2842 | Disposed | Common Stock, par value $0.001 per share (2842.0) | Direct |
Footnotes
F1: 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 on June 8, 2019, as originally scheduled, and were settled on June 10, 2019, 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 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.