Adrian Kingshott - 03 Jan 2022 Form 4 Insider Report for XPO Logistics, Inc. (XPO)

Role
Director
Signature
/s/ Riina Tohvert, Attorney-in-Fact
Issuer symbol
XPO
Transactions as of
03 Jan 2022
Net transactions value
$0
Form type
4
Filing time
05 Jan 2022, 16:05:10 UTC
Next filing
01 Nov 2022
SEC
View on sec.gov

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 73,742 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 XPO Restricted Stock Unit Award $0 +2,538 $0.000000 2,538 03 Jan 2022 Common Stock, par value $0.001 per share 2,538 Direct F1, F2
holding XPO Restricted Stock Unit 7,033 03 Jan 2022 Common Stock, par value $0.001 per share 7,033 Direct F1, F3, F4
holding XPO Restricted Stock Unit 10,740 03 Jan 2022 Common Stock, par value $0.001 per share 10,740 Direct F1, F4, F5
holding XPO Restricted Stock Unit 6,559 03 Jan 2022 Common Stock, par value $0.001 per share 6,559 Direct F1, F4, F6
holding XPO Restricted Stock Unit 3,421 03 Jan 2022 Common Stock, par value $0.001 per share 3,421 Direct F1, F4, F7
holding XPO Restricted Stock Unit 5,368 03 Jan 2022 Common Stock, par value $0.001 per share 5,368 Direct F1, F4, F8
holding XPO Restricted Stock Unit 3,952 03 Jan 2022 Common Stock, par value $0.001 per share 3,952 Direct F1, F4, F9
holding XPO Restricted Stock Unit 2,650 03 Jan 2022 Common Stock, par value $0.001 per share 2,650 Direct F1, F4, F10
* 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, 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.
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 2, 2016 and are subject to a deferral election. Shares of Common Stock will be delivered to the Reporting Person as per the terms of the deferral election.
F4 Reflects previously granted RSUs with adjustments to the number of shares of Common Stock underlying such RSUs to maintain the economic value of the shares of Common Stock underlying the RSUs prior to the Issuer's spin-off of its logistics segment on August 2, 2021 (the "Spin-off"). These previously granted RSUs have the same vesting and other applicable terms and conditions as they did immediately prior to the Spin-off.
F5 The RSUs vested in full on January 4, 2017 and are subject to a deferral election. Shares of 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 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 2, 2019 and are subject to a deferral election. Shares of Common Stock will be delivered to the Reporting Person as per the terms of the deferral election.
F8 The RSUs vested in full on January 2, 2020 and are subject to a deferral election. Shares of Common Stock will be delivered to the Reporting Person as per the terms of the deferral election.
F9 The RSUs vested in full on January 4, 2021 and are subject to a deferral election. Shares of Common Stock will be delivered to the Reporting Person as per the terms of the deferral election.
F10 The RSUs vested in full on January 3, 2022 and are subject to a deferral election. Shares of Common Stock will be delivered to the Reporting Person as per the terms of the deferral election.

Remarks:

See Exhibit 24 - Power of Attorney attached.