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XPO, Inc. — Director's Dealing 2021
Feb 19, 2021
30406_dirs_2021-02-19_7da06d9f-d1ed-4708-8347-646f4b31d983.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: 2021-02-17
Reporting Person: Papastavrou Jason D (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-17 | Common Stock, par value $0.001 per share | S | 28464 | $117.96 | Disposed | 9300 | Direct |
| 2021-02-17 | Common Stock, par value $0.001 per share | S | 4158 | $118.67 | Disposed | 5142 | Direct |
| 2021-02-17 | Common Stock, par value $0.001 per share | S | 3342 | $118.14 | Disposed | 1800 | Direct |
| 2021-02-17 | Common Stock, par value $0.001 per share | S | 1800 | $118.94 | Disposed | 0 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, par value $0.001 per share | 180208 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Unit | $ | Common Stock, par value $0.001 per share (1604.0) | 1604 | Direct | |
| Restricted Stock Unit | $ | Common Stock, par value $0.001 per share (2392.0) | 2392 | Direct | |
| 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 | |
| Restricted Stock Unit | $ | Common Stock, par value $0.001 per share (2500.0) | 2500 | Direct |
Footnotes
F1: This transaction was executed in multiple trades at prices ranging from $117.68 to $118.64. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer, full information regarding the number of shares and prices at which each transaction was effected.
F2: This transaction was executed in multiple trades at prices ranging from $118.64 to $118.82. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer, full information regarding the number of shares and prices at which each transaction was effected.
F3: This transaction was executed in multiple trades at prices ranging from $117.64 to $118.61. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer, full information regarding the number of shares and prices at which each transaction was effected.
F4: This transaction was executed in multiple trades at prices ranging from $118.73 to $119.05. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer, full information regarding the number of shares and prices at which each transaction was effected.
F5: Springer Wealth Management LLC is the direct beneficial owner of these securities. Jason D. Papastavrou is the owner of 100% of the equity interests of Springer Wealth Management LLC.
F6: 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.
F7: The RSUs shall vest in full on January 3, 2022, subject to the Reporting Person's continued service as a director of the Issuer.
F8: The RSUs vested in full on January 4, 2021 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.
F9: 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.
F10: 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.
F11: 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.
F12: 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.
F13: The RSUs vested in full on December 11, 2013 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.