Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | GXO | Common Stock | Sale | -$112K | -2.12K | -100% | $52.73 | 0 | Jan 17, 2023 | Direct | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | GXO | Restricted Stock Units | 4.45K | Jan 17, 2023 | Common Stock | 4.45K | Direct | F2, F3 | ||||||
holding | GXO | Restricted Stock Units | 5.26K | Jan 17, 2023 | Common Stock | 5.26K | Direct | F2, F4 | ||||||
holding | GXO | Restricted Stock Units | 7.15K | Jan 17, 2023 | Common Stock | 7.15K | Direct | F2, F5 | ||||||
holding | GXO | Restricted Stock Units | 4.55K | Jan 17, 2023 | Common Stock | 4.55K | Direct | F2, F6 | ||||||
holding | GXO | Restricted Stock Units | 8.73K | Jan 17, 2023 | Common Stock | 8.73K | Direct | F2, F7 | ||||||
holding | GXO | Restricted Stock Units | 5.97K | Jan 17, 2023 | Common Stock | 5.97K | Direct | F2, F8 |
Id | Content |
---|---|
F1 | The sale reported in this Form 4 was automatically effected pursuant to a previously executed selling plan dated December 15, 2022, that is intended to comply with Rule 10b5-1 promulgated under the Securities Exchange Act of 1934, as amended. The shares were sold for tax and estate planning purposes. |
F2 | Each Restricted Stock Unit ("RSU") represents a contingent right to receive, either (i) one share of GXO Logistics, Inc. ("GXO") common stock, par value $0.01 per share ("GXO Common Stock"), or (ii) a cash payment equal to the fair market value of one share of GXO Common Stock. |
F3 | The RSUs shall vest in full on January 3, 2024, subject to the Reporting Person's continued service as a director of GXO. |
F4 | The RSUs vested in full on January 4, 2021 and are subject to a deferral election. On December 23, 2022, the Compensation Committee of the Board of Directors of GXO terminated the deferral and accelerated the payment of the RSUs to as soon as practicable after January 2, 2024 and not later than January 31, 2024. |
F5 | The RSUs vested in full on January 2, 2020 and are subject to a deferral election. On December 23, 2022, the Compensation Committee of the Board of Directors of GXO terminated the deferral and accelerated the payment of the RSUs to as soon as practicable after January 2, 2024 and not later than January 31, 2024. |
F6 | The RSUs vested in full on January 2, 2019 and are subject to a deferral election. On December 23, 2022, the Compensation Committee of the Board of Directors of GXO terminated the deferral and accelerated the payment of the RSUs to as soon as practicable after January 2, 2024 and not later than January 31, 2024. |
F7 | The RSUs vested in full on January 3, 2018 and are subject to a deferral election. On December 23, 2022, the Compensation Committee of the Board of Directors of GXO terminated the deferral and accelerated the payment of the RSUs to as soon as practicable after January 2, 2024 and not later than January 31, 2024. |
F8 | The RSUs vested in full on January 1, 2018 and are subject to a deferral election. On December 23, 2022, the Compensation Committee of the Board of Directors of GXO terminated the deferral and accelerated the payment of the RSUs to as soon as practicable after January 2, 2024 and not later than January 31, 2024. |