S. Jacobs Bradley - 11 Aug 2022 Form 4 Insider Report for XPO Logistics, Inc. (XPO)

Role
Chief Executive Officer, Director
Signature
/s/ Brad Jacobs
Issuer symbol
XPO
Transactions as of
11 Aug 2022
Net transactions value
-$279,216,970
Form type
4
Filing time
12 Aug 2022, 06:32:36 UTC
Previous filing
20 Jul 2022
Next filing
03 Nov 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XPO Common Stock, par value $0.001 per share Sale $279,216,970 -5,061,029 -80% $55.17 1,300,701 11 Aug 2022 See footnote F1, F2
holding XPO Common Stock, par value $0.001 per share 387,416 11 Aug 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale reported in this Form 4 was automatically effected pursuant to a previously executed selling plan of Jacobs Private Equity, LLC ("JPE") that is intended to comply with Rule 10b5-1(c) promulgated under the Securities Exchange Act of 1934, as amended. The shares were sold by JPE for tax and estate planning purposes.
F2 JPE is the direct beneficial owner of these securities. Brad Jacobs is the Managing Member of JPE.