XPO, Inc. — Director's Dealing 2019

Jan 4, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: XPO Logistics, Inc. (XPO)
CIK: 0001166003
Period of Report: 2019-01-02

Reporting Person: Kingshott Adrian (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-01-02	Restricted Stock Unit	$	A	3249	Acquired		Common Stock, par value $0.001 per share (3249.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, par value $0.001 per share	7500	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Unit	$		Common Stock, par value $0.001 per share (2071.0)	2071	Direct
Restricted Stock Unit	$		Common Stock, par value $0.001 per share (3970.0)	3970	Direct
Restricted Stock Unit	$		Common Stock, par value $0.001 per share (6501.0)	6501	Direct
Restricted Stock Unit	$		Common Stock, par value $0.001 per share (4257.0)	4257	Direct
Director Stock Option (right to buy)	$23.19	2023-12-12	Common Stock, par value $0.001 per share (8000.0)	8000	Direct
Director Stock Option (right to buy)	$16.74	2022-12-11	Common Stock, par value $0.001 per share (8000.0)	8000	Direct
Director Stock Option (right to buy)	$9.28	2021-11-21	Common Stock, par value $0.001 per share (8000.0)	8000	Direct
See footnote	$7.0		Common Stock, par value $0.001 per share (42857.0)	300	Direct
Warrants	$7.0	2021-09-02	Common Stock, par value $0.001 per share (42857.0)	42857	Direct

Footnotes

F1: Each Restricted Stock Unit ("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.

F2: The RSUs shall vest on January 2, 2020, subject to the Reporting Person's continued service as a director of the Issuer.

F3: The RSUs vested in full on January 2, 2019 and are subject to a deferral election. Shares of Common Stock will be delivered to the Reporting Person as per the terms of the deferral election.

F4: The RSUs vested in full on January 3, 2018 and are subject to a deferral election. Shares of common stock will be delivered to the Reporting Person as per the terms of the deferral election.

F5: The RSUs vested in full on January 4, 2017 and are subject to a deferral election. Shares of common stock will be delivered to the Reporting Person as per the terms of the deferral election.

F6: The RSUs vested in full on January 2, 2016 and are subject to a deferral election. Shares of Common Stock will be delivered to the Reporting Person as per the terms of the deferral election.

F7: Series A Convertible Perpetual Preferred Stock, par value $0.001 per share.

F8: The initial conversion price of the Series A Convertible Perpetual Preferred Stock is $7 per share of Common Stock, subject to adjustment as set forth in the Certificate of Designation of Series A Convertible Perpetual Preferred Stock, filed as Exhibit 4.1 to the Issuer's Current Report on Form 8-K filed with the SEC on September 6, 2011 (the "Certificate of Designation").

F9: The Series A Convertible Perpetual Preferred Stock has no expiration date.

F10: Represents 42,857 shares of Common Stock initially issuable upon conversion of 300 shares of Series A Convertible Perpetual Preferred Stock, subject to adjustment as set forth in the Certificate of Designation.

F11: The initial exercise price of the Warrants is $7 per share of Common Stock, subject to adjustment as set forth in the Form of Warrant Certificate, filed as Exhibit 4.2 to the Issuer's Current Report on Form 8-K filed with the SEC on September 6, 2011 (the "Warrant Certificate").

F12: Represents 42,857 shares of Common Stock initially issuable upon conversion of 42,857 Warrants, subject to adjustment as set forth in the Warrant Certificate.