Adrian Kingshott - Jan 3, 2022 Form 4 Insider Report for XPO Logistics, Inc. (XPO)

Role
Director
Signature
/s/ Riina Tohvert, Attorney-in-Fact
Stock symbol
XPO
Transactions as of
Jan 3, 2022
Transactions value $
$0
Form type
4
Date filed
1/5/2022, 04:05 PM
Next filing
Nov 1, 2022

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 73.7K Jan 3, 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 +2.54K $0.00 2.54K Jan 3, 2022 Common Stock, par value $0.001 per share 2.54K Direct F1, F2
holding XPO Restricted Stock Unit 7.03K Jan 3, 2022 Common Stock, par value $0.001 per share 7.03K Direct F1, F3, F4
holding XPO Restricted Stock Unit 10.7K Jan 3, 2022 Common Stock, par value $0.001 per share 10.7K Direct F1, F4, F5
holding XPO Restricted Stock Unit 6.56K Jan 3, 2022 Common Stock, par value $0.001 per share 6.56K Direct F1, F4, F6
holding XPO Restricted Stock Unit 3.42K Jan 3, 2022 Common Stock, par value $0.001 per share 3.42K Direct F1, F4, F7
holding XPO Restricted Stock Unit 5.37K Jan 3, 2022 Common Stock, par value $0.001 per share 5.37K Direct F1, F4, F8
holding XPO Restricted Stock Unit 3.95K Jan 3, 2022 Common Stock, par value $0.001 per share 3.95K Direct F1, F4, F9
holding XPO Restricted Stock Unit 2.65K Jan 3, 2022 Common Stock, par value $0.001 per share 2.65K 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.