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 | +3.75K | $0.00 | 3.75K | Mar 30, 2022 | Common Stock | 3.75K | Direct | F1, F2 |
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 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. |