Karlis Kirsis - Apr 18, 2022 Form 4 Insider Report for GXO Logistics, Inc. (GXO)

Signature
/s/ Karlis P. Kirsis
Stock symbol
GXO
Transactions as of
Apr 18, 2022
Transactions value $
-$230,558
Form type
4
Date filed
4/25/2022, 06:33 AM
Previous filing
Apr 1, 2022
Next filing
Dec 12, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GXO Common Stock Tax liability -$231K -3.89K -15.92% $59.30 20.5K Apr 18, 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 No shares were sold by the Reporting Person. These shares were withheld by the Issuer to fund tax liability attributable to the release of Restricted Stock Awards ("RSA"). These RSA were granted subject to a two-year holding requirement that was satisfied on April 17, 2022, as originally scheduled, and there were no related discretionary transactions or open market sales.