Christopher Michael Brown - Feb 28, 2022 Form 3 Insider Report for XPO Logistics, Inc. (XPO)

Signature
/s/ Riina Tohvert, Attorney-in-Fact
Stock symbol
XPO
Transactions as of
Feb 28, 2022
Transactions value $
$0
Form type
3
Date filed
3/9/2022, 05:00 PM
Next filing
Mar 9, 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 5.64K Feb 28, 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 XPO Restricted Stock Unit Feb 28, 2022 Common Stock, par value $0.001 per share 3.74K Direct F1, F2
holding XPO Restricted Stock Unit Feb 28, 2022 Common Stock, par value $0.001 per share 1.07K Direct F2, F3
holding XPO Restricted Stock Unit Feb 28, 2022 Common Stock, par value $0.001 per share 8.24K Direct F2, F4
holding XPO Restricted Stock Unit Feb 28, 2022 Common Stock, par value $0.001 per share 2.81K Direct F2, F5
holding XPO Restricted Stock Unit Feb 28, 2022 Common Stock, par value $0.001 per share 4.38K Direct F2, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 50% of these Restricted Stock Units ("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.
F2 Each 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 fully on January 15, 2023, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.
F4 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.
F5 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.
F6 2,192 of these RSUs vest on November 14, 2023, 1,095 RSUs vest on November 14, 2024, and 1,096 RSUs vest on November 14, 2025, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.

Remarks:

See Exhbit 24, Power of Attorney, attached.