Jason Papastavrou - 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, 04:34 PM
Previous filing: Jan 4, 2023
Next filing: Jan 4, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GXO	Common Stock	Options Exercise	$0	+2.12K		$0.00	2.12K	Jan 3, 2023	Direct
holding	GXO	Common Stock						180K	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
holding	GXO	Restricted Stock Units						3.53K	Jan 3, 2023	Common Stock	3.53K		Direct	F2, F5
holding	GXO	Restricted Stock Units						5.26K	Jan 3, 2023	Common Stock	5.26K		Direct	F2, F6
holding	GXO	Restricted Stock Units						4.55K	Jan 3, 2023	Common Stock	4.55K		Direct	F2, F7
holding	GXO	Restricted Stock Units						8.73K	Jan 3, 2023	Common Stock	8.73K		Direct	F2, F8
holding	GXO	Restricted Stock Units						14.3K	Jan 3, 2023	Common Stock	14.3K		Direct	F2, F9
holding	GXO	Restricted Stock Units						9.36K	Jan 3, 2023	Common Stock	9.36K		Direct	F2, F10
holding	GXO	Restricted Stock Units						5.5K	Jan 3, 2023	Common Stock	5.5K		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.