Baris Oran - 30 Mar 2022 Form 4 Insider Report for GXO Logistics, Inc. (GXO)

Role
Chief Financial Officer
Signature
/s/ Karlis P. Kirsis, Attorney-in-Fact
Issuer symbol
GXO
Transactions as of
30 Mar 2022
Net transactions value
$0
Form type
4
Filing time
01 Apr 2022, 17:36:59 UTC
Previous filing
21 Jul 2021
Next filing
09 Mar 2023
SEC
View on sec.gov

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 +25,000 $0.000000 25,000 30 Mar 2022 Common Stock 25,000 Direct F1, F2
transaction GXO Restricted Stock Units Award $0 +7,500 $0.000000 7,500 30 Mar 2022 Common Stock 7,500 Direct F1, F3
* 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, upon settlement, either (i) one share of Common Stock or (ii) a cash payment equal to the fair market value of one share of Common Stock.
F2 These RSUs vest in two equal annual installments on April 1, 2024 and April 1, 2025, subject to the Reporting Person's continued employment with the Issuer.
F3 These RSUs vest in four equal annual installments on April 1, 2023, April 1, 2024, April 1, 2025 and April 1, 2026, subject to the Reporting Person's continued employment with the Issuer.