Form 4 for XPO XPO, Inc.
Accepted 2021-10-05 00:00:00 ET · period of report 2021-10-01 · accession 0001166003-21-000096 · 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 | 2021-10-05 | 2021-10-01 | XPO | Robinson Lance A | CAO | M - OptEx | $0.00 | +16.5K | 79.2K | +26% | $0 |
| D | 2021-10-05 | 2021-10-01 | XPO | Robinson Lance A | CAO | F - Tax | $80.85 | -8,778 | 70.4K | -11% | -$709.7K |
| D | 2021-10-05 | 2021-10-01 | XPO | Robinson Lance A | CAO | M - OptEx | $0.00 | -16.5K | 66.1K | -20% | $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, par value $0.001 per share | 2021-10-01 | M | A | 16,521 | $0.00 | 79,178 | D | — | — | |
| 2 | Common | Common Stock, par value $0.001 per share | 2021-10-01 | F | D | 8,778 | $80.85 | 70,400 | 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 October 1, 2021 as originally scheduled and there were no related discretionary transactions or open market sales. |
| 3 | Derivative | Restricted Stock Unit | 2021-10-01 | M | D | 16,521 | $0.00 | 66,082 | D | — · — to — | 16,521 Common Stock, par value $0.001 per share | (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. (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. (F4) The RSUs vest in ten equal annual installments, beginning on October 1, 2016 and continuing on the next nine anniversaries thereof, generally subject to the Reporting Person's continued employment with the Issuer through the applicable vesting date. |