Jason D. Papastavrou - 03 Jan 2023 Form 4 Insider Report for GXO Logistics, Inc. (GXO)

Role: Director
Signature: /s/ Karlis P. Kirsis, Attorney-in-Fact
Issuer symbol: GXO
Transactions as of: 03 Jan 2023
Net transactions value: $0
Form type: 4
Filing time: 04 Jan 2023, 16:34:03 UTC
Previous filing: 04 Jan 2023
Next filing: 04 Jan 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GXO	Common Stock	Options Exercise	$0	+2,120		$0.000000	2,120	03 Jan 2023	Direct
holding	GXO	Common Stock						180,208	03 Jan 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	-2,120	-100%	$0.000000^*	0	03 Jan 2023	Common Stock	2,120		Direct	F2, F3
transaction	GXO	Restricted Stock Units	Award	$0	+4,453		$0.000000	4,453	03 Jan 2023	Common Stock	4,453		Direct	F2, F4
holding	GXO	Restricted Stock Units						3,527	03 Jan 2023	Common Stock	3,527		Direct	F2, F5
holding	GXO	Restricted Stock Units						5,260	03 Jan 2023	Common Stock	5,260		Direct	F2, F6
holding	GXO	Restricted Stock Units						4,554	03 Jan 2023	Common Stock	4,554		Direct	F2, F7
holding	GXO	Restricted Stock Units						8,730	03 Jan 2023	Common Stock	8,730		Direct	F2, F8
holding	GXO	Restricted Stock Units						14,296	03 Jan 2023	Common Stock	14,296		Direct	F2, F9
holding	GXO	Restricted Stock Units						9,361	03 Jan 2023	Common Stock	9,361		Direct	F2, F10
holding	GXO	Restricted Stock Units						5,497	03 Jan 2023	Common Stock	5,497		Direct	F2, F11

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Springer Wealth Management LLC is the direct beneficial owner of these securities. Jason D. Papastavrou is the owner of 100% of the equity of Springer Wealth Management LLC.
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.
F5	The RSUs vested in full on January 3, 2022 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 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.
F7	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.
F8	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.
F9	The RSUs vested in full on January 4, 2017 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.
F10	The RSUs vested in full on January 2, 2016 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.
F11	The RSUs vested in full on December 11, 2013 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.