S. Jacobs Bradley - Jan 3, 2023 Form 4 Insider Report for GXO Logistics, Inc. (GXO)

Role
Director
Signature
/s/ Karlis P. Kirsis, Attorney-in-Fact
Stock symbol
GXO
Transactions as of
Jan 3, 2023
Transactions value $
$0
Form type
4
Date filed
1/4/2023, 04:24 PM
Previous filing
Nov 17, 2022
Next filing
Mar 30, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GXO Common Stock Options Exercise $0 +2.12K +0.55% $0.00 391K Jan 3, 2023 Direct
holding GXO Common Stock 1.3M Jan 3, 2023 See footnote F1

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 GXO Restricted Stock Units Options Exercise $0 -2.12K -100% $0.00* 0 Jan 3, 2023 Common Stock 2.12K Direct F2, F3
transaction GXO Restricted Stock Units Award $0 +4.45K $0.00 4.45K Jan 3, 2023 Common Stock 4.45K Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Jacobs Private Equity, LLC ("JPE") is the direct beneficial owner of these securities. Brad Jacobs is the Managing Member of JPE.
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 vested in full on January 3, 2023.
F4 The RSUs shall vest in full on January 3, 2024, subject to the Reporting Person's continued service as a director of GXO.

Remarks:

See Exhibit 24 - Power of Attorney attached.