Lance A. Robinson - 15 Jan 2022 Form 4 Insider Report for XPO Logistics, Inc. (XPO)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
19 Jan 2022, 15:31:32 UTC
Prior SEC filing
05 Oct 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Riina Tohvert, Attorney-in-Fact

Key filing fact

Lance A. Robinson filed Form 4 for XPO Logistics, Inc. (XPO) on 19 Jan 2022.

Key facts

  • This page summarizes Lance A. Robinson's Form 4 filing for XPO Logistics, Inc. (XPO).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 19 Jan 2022, 15:31.

Change

  • Previous filing in this sequence was filed on 05 Oct 2021.
  • Current net transaction value: -$141,031.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

XPO transaction

Common Stock, par value $0.001 per share

Options Exercise

Transaction value
$0
Shares
+3,816
Change %
+5.4%
Price
$0.000000
Shares after
74,216
Date
15 Jan 2022
Ownership
Direct
XPO transaction

Common Stock, par value $0.001 per share

Tax liability

Transaction value
$141,031
Shares
-2,003
Change %
-2.7%
Price
$70.41
Shares after
72,213
Date
15 Jan 2022
Ownership
Direct
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

XPO transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value
$0
Shares
-3,816
Change %
-50%
Price
$0.000000
Shares after
3,815
Date
15 Jan 2022
Ownership
Direct
Underlying class
Common Stock, par value $0.001 per share
Underlying amount
3,816
Exercise price
Footnotes
F2, F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

No shares were sold by the Reporting Person. These shares were withheld by the Issuer 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 as originally scheduled, and there were no related discretionary transactions or open market sales.

Footnote F2

Each 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.

Footnote F3

Reflects previously granted RSUs with adjustments to the number of shares of Common Stock underlying such RSUs to maintain the economic value of the shares of Common Stock underlying the RSUs prior to the Issuer's spin-off of its logistics segment on August 2, 2021 (the "Spin-off"). These previously granted RSUs have the same vesting and other applicable terms and conditions as they did immediately prior to the Spin-Off.

Footnote F4

50% of these RSUs vest on January 15, 2022 and 50% on January 15, 2023, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date.

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