Form 4 for GXO GXO Logistics, Inc.
Accepted 2022-03-14 00:00:00 ET · period of report 2022-03-10 · accession 0001104659-22-033475 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-03-14 | 2022-03-10 | GXO | Hammond Maryclaire | CHRO | M - OptEx | $0.00 | +1,285 | 8,867 | +17% | $0 |
| D | 2022-03-14 | 2022-03-10 | GXO | Hammond Maryclaire | CHRO | F - Tax | $67.77 | -624 | 8,243 | -7% | -$42.3K |
| D | 2022-03-14 | 2022-03-10 | GXO | Hammond Maryclaire | CHRO | M - OptEx | $0.00 | -1,285 | 3,852 | -25% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-03-10 | M | A | 1,285 | $0.00 | 8,867 | D | — | — | |
| 2 | Common | Common Stock | 2022-03-10 | F | D | 624 | $67.77 | 8,243 | D | — | — | (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 on March 10, 2022, as originally scheduled, and there were no related discretionary transactions or open market sales. |
| 3 | Derivative | Restricted Stock Units | 2022-03-10 | M | D | 1,285 | $0.00 | 3,852 | D | — · — to — | 1,285 Common Stock | (F2) Each RSU represents a contingent right to receive, upon settlement, either (i) one share of GXO Common Stock or (ii) a cash payment equal to the fair market value of one share of GXO Common Stock. (F3) The RSUs vest in four equal annual installments on the first, second, third, and fourth anniversaries of the grant date, March 10, 2021, subject to the Reporting Person's continued employment with the Issuer. |