XPO, Inc. — Director's Dealing 2020

Dec 30, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: XPO Logistics, Inc. (XPO)
CIK: 0001166003
Period of Report: 2020-12-29

Reporting Person: Jacobs Private Equity, LLC (Director, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-29	Common Stock, par value $0.001 per share	J	9642857	$7.00	Acquired	9642857	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-12-29	Series A Conv. Perpetual Preferred Stock $0.001 par value	$7.0	J	67500	Disposed		Common Stock, par value $0.001 per share (9642857)	Direct

Footnotes

F1: Series A Convertible Perpetual Preferred Stock, $0.001 par value per share.

F2: No shares were sold by the Reporting Person. On December 30, 2020, pursuant to an agreement with XPO Logistics, Inc., the Reporting Person exchanged 67,500 shares of Series A Convertible Perpetual Preferred Stock for 9,642,857 shares of common stock, par value $0.001 per share (which is the number of shares of common stock into which such preferred stock was convertible as of such date) and $21,600,000 in cash.

F3: The Series A Convertible Perpetual Preferred Stock has no expiration date.