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

Role
Chief Accounting Officer
Signature
/s/ Riina Tohvert, Attorney-in-Fact
Issuer symbol
XPO
Transactions as of
28 Feb 2022
Net transactions value
$0
Form type
3
Filing time
09 Mar 2022, 17:00:47 UTC
Next filing
09 Mar 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 5,643 28 Feb 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 28 Feb 2022 Common Stock, par value $0.001 per share 3,742 Direct F1, F2
holding XPO Restricted Stock Unit 28 Feb 2022 Common Stock, par value $0.001 per share 1,071 Direct F2, F3
holding XPO Restricted Stock Unit 28 Feb 2022 Common Stock, par value $0.001 per share 8,237 Direct F2, F4
holding XPO Restricted Stock Unit 28 Feb 2022 Common Stock, par value $0.001 per share 2,807 Direct F2, F5
holding XPO Restricted Stock Unit 28 Feb 2022 Common Stock, par value $0.001 per share 4,383 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.