Ravi Tulsyan - Sep 2, 2021 Form 3 Insider Report for XPO Logistics, Inc. (XPO)

Role
Chief Financial Officer
Signature
/s/ Riina Tohvert, Attorney-in-Fact
Stock symbol
XPO
Transactions as of
Sep 2, 2021
Transactions value $
$0
Form type
3
Date filed
9/10/2021, 05:00 PM
Next filing
Sep 10, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding XPO Common Stock, par value $0.001 per share 50.9K Sep 2, 2021 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 XPO Restricted Stock Unit Sep 2, 2021 Common Stock, par value $0.001 per share 3.73K Direct F1, F2
holding XPO Restricted Stock Unit Sep 2, 2021 Common Stock, par value $0.001 per share 4.7K Direct F2, F3
holding XPO Restricted Stock Unit Sep 2, 2021 Common Stock, par value $0.001 per share 13.3K Direct F2, F4
holding XPO Restricted Stock Unit Sep 2, 2021 Common Stock, par value $0.001 per share 13.7K Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 50% of these RSUs vest on January 15, 2022 and 50% on January 15, 2023, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.
F2 Each Restricted Stock Unit ("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 These RSUs vest in four equal annual installments on March 10, 2022, March 10, 2023, March 10, 2024 and March 10, 2025, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.
F4 50% of these RSUs vest on March 15, 2022 and 50% on March 15, 2023, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.
F5 50% of these RSUs vest on December 8, 2022 and 50% on December 8, 2023, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.

Remarks:

See Exhibit 24, Power of Attorney, attached.