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XPO, Inc. — Director's Dealing 2022
Nov 17, 2022
30406_dirs_2022-11-17_5cc0181b-8999-40af-9729-b99a40322564.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: 2022-11-01
Reporting Person: Brown Christopher Michael (Chief Accounting Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-11-01 | Restricted Stock Unit | $ | A | 17762 | Acquired | Common Stock, par value $0.001 per share (17762.0) | 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: On March 8, 2022, the Reporting Person was granted unvested RSUs, subject to the Issuer's satisfaction of certain predetermined performance criteria. On November 1, 2022, the performance criteria applicable to such RSUs was satisfied. 100% of the RSUs shall vest on June 30, 2023, generally subject to the Reporting Person's continued employment with the Issuer through the date of such later occurrence.