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

Role
Chief Financial Officer
Signature
/s/ Karlis P. Kirsis, Attorney-in-Fact
Stock symbol
GXO
Transactions as of
Mar 30, 2022
Transactions value $
$0
Form type
4
Date filed
4/1/2022, 05:36 PM
Previous filing
Jul 21, 2021
Next filing
Mar 9, 2023

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 +25K $0.00 25K Mar 30, 2022 Common Stock 25K Direct F1, F2
transaction GXO Restricted Stock Units Award $0 +7.5K $0.00 7.5K Mar 30, 2022 Common Stock 7.5K 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.