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XPO, Inc. — Director's Dealing 2022
Sep 12, 2022
30406_dirs_2022-09-12_d8c9c0fc-c149-40ba-a0b3-a5e7c8cc73e7.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: 2022-09-08
Reporting Person: Tulsyan Ravi (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-09-08 | Common Stock, par value $0.001 per share | M | 4387 | — | Acquired | 60656 | Direct |
| 2022-09-08 | Common Stock, par value $0.001 per share | F | 2033 | $52.19 | Disposed | 58623 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-09-08 | Restricted Stock Unit | $ | M | 4387 | Disposed | Common Stock, par value $0.001 per share (4387.0) | 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 and were settled as originally scheduled, 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 two equal annual installments on the first and second anniversaries of the grant date, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.