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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.