Clare Chatfield - 03 Jan 2022 Form 4 Insider Report for GXO Logistics, Inc. (GXO)

Role
Director
Signature
/s/ Karlis P. Kirsis, Attorney-in-Fact
Issuer symbol
GXO
Transactions as of
03 Jan 2022
Net transactions value
$0
Form type
4
Filing time
04 Jan 2022, 16:54:08 UTC
Previous filing
18 Aug 2021
Next filing
04 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GXO Common Stock Options Exercise $0 +1,073 $0.000000 1,073 03 Jan 2022 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GXO Restricted Stock Units Options Exercise $0 -1,073 -100% $0.000000* 0 03 Jan 2022 Common Stock 1,073 Direct F1, F2
transaction GXO Restricted Stock Units Award $0 +2,120 $0.000000 2,120 03 Jan 2022 Common Stock 2,120 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ("RSU") represents a contingent right to receive, 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 The RSUs vested in full on January 3, 2022.
F3 The RSUs shall vest in full on January 3, 2023, subject to the Reporting Person's continued service as a director of the Issuer.