S. Jacobs Bradley - 09 Dec 2021 Form 4 Insider Report for XPO Logistics, Inc. (XPO)

Signature
/s/ Brad Jacobs
Issuer symbol
XPO
Transactions as of
09 Dec 2021
Net transactions value
-$238,770,675
Form type
4
Filing time
10 Dec 2021, 08:21:16 UTC
Previous filing
18 Aug 2021
Next filing
04 Jan 2022

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 $238,770,675 -3,217,500 -21% $74.21 11,915,701 09 Dec 2021 See footnote F1, F2
holding XPO Common Stock, par value $0.001 per share 387,416 09 Dec 2021 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.