Christopher Michael Brown - 07 Mar 2022 Form 4 Insider Report for XPO Logistics, Inc. (XPO)

Role
Chief Accounting Officer
Signature
/s/ Riina Tohvert, Attorney-in-Fact
Issuer symbol
XPO
Transactions as of
07 Mar 2022
Net transactions value
$0
Form type
4
Filing time
09 Mar 2022, 17:02:30 UTC
Previous filing
09 Mar 2022
Next filing
14 Mar 2022
SEC
View on sec.gov

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 +6,635 $0.000000 6,635 07 Mar 2022 Common Stock, par value $0.001 per share 6,635 Direct F1, F2
* 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 vest in four equal annual installments on the first, second, third and fourth anniversaries of the grant date, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.