Gena L. Ashe - 01 Mar 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
01 Mar 2022
Net transactions value
-$282,160
Form type
4
Filing time
02 Mar 2022, 17:30:22 UTC
Previous filing
10 Feb 2022
Next filing
19 May 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GXO Common Stock Sale $282,160 -3,527 -100% $80.00 0 01 Mar 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
holding GXO Restricted Stock Units 2,120 01 Mar 2022 Common Stock 2,120 Direct F1, F2
holding GXO Restricted Stock Units 5,260 01 Mar 2022 Common Stock 5,260 Direct F1, F3
holding GXO Restricted Stock Units 7,145 01 Mar 2022 Common Stock 7,145 Direct F1, F4
holding GXO Restricted Stock Units 4,554 01 Mar 2022 Common Stock 4,554 Direct F1, F5
holding GXO Restricted Stock Units 8,730 01 Mar 2022 Common Stock 8,730 Direct F1, F6
holding GXO Restricted Stock Units 5,972 01 Mar 2022 Common Stock 5,972 Direct F1, F7
* 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 GXO Logistics, Inc. ("GXO") common stock, par value $0.01 per share ("GXO Common Stock"), or (ii) a cash payment equal to the fair market value of one share of GXO Common Stock.
F2 The RSUs shall vest in full on January 3, 2023, subject to the Reporting Person's continued service as a director of the Issuer.
F3 The RSUs vested in full on January 4, 2021 and are subject to a deferral election. Shares of GXO Common Stock will be delivered to the Reporting Person as per the terms of the deferral election.
F4 The RSUs vested in full on January 2, 2020 and are subject to a deferral election. Shares of GXO Common Stock will be delivered to the Reporting Person as per the terms of the deferral election.
F5 The RSUs vested in full on January 2, 2019 and are subject to a deferral election. Shares of GXO Common Stock will be delivered to the Reporting Person as per the terms of the deferral election.
F6 The RSUs vested in full on January 3, 2018 and are subject to a deferral election. Shares of GXO Common Stock will be delivered to the Reporting Person as per the terms of the deferral election.
F7 The RSUs vested in full on January 1, 2018 and are subject to a deferral election. Shares of GXO Common Stock will be delivered to the Reporting Person as per the terms of the deferral election.