Jason Papastavrou - May 21, 2024 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
May 21, 2024
Transactions value $
$0
Form type
4
Date filed
5/23/2024, 04:59 PM
Previous filing
Apr 3, 2024
Next filing
Oct 11, 2024

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 Award $0 +3.62K $0.00 3.62K May 21, 2024 Common Stock 3.62K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 The RSUs shall vest in full on May 21, 2025, subject to the Reporting Person's continued service as a director of GXO.