Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | GXO | Common Stock | Options Exercise | $0 | +12.5K | +449.96% | $0.00 | 15.3K | Apr 1, 2024 | Direct | |
transaction | GXO | Common Stock | Options Exercise | $0 | +1.88K | +12.27% | $0.00 | 17.2K | Apr 1, 2024 | Direct | |
transaction | GXO | Common Stock | Tax liability | -$358K | -6.66K | -38.84% | $53.76 | 10.5K | Apr 1, 2024 | Direct | F1 |
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 | -12.5K | -50% | $0.00 | 12.5K | Apr 1, 2024 | Common Stock | 12.5K | Direct | F2, F3 | |
transaction | GXO | Restricted Stock Units | Options Exercise | $0 | -1.88K | -33.33% | $0.00 | 3.75K | Apr 1, 2024 | Common Stock | 1.88K | Direct | F2, F4 |
Id | Content |
---|---|
F1 | No shares were sold by the Reporting Person. These shares were withheld by GXO Logistics, Inc. ("GXO") to fund tax liability attributable to the vesting and settlement of the Restricted Stock Units ("RSUs") reported on this Form 4. These RSUs vested and were settled on April 1, 2024, as originally scheduled, and there were no related discretionary transactions or open market sales. |
F2 | Each RSU represents a contingent right to receive, either (i) one share of 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 | 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 GXO. |
F4 | 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 GXO. |