Form 4 for XPO XPO, Inc.
Accepted 2022-01-05 00:00:00 ET · period of report 2022-01-03 · accession 0001166003-22-000010 · 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 | 2022-01-05 | 2022-01-03 | XPO | JESSELSON MICHAEL G | Dir | M - OptEx | $0.00 | +2,650 | 33.9K | +8% | $0 |
| D | 2022-01-05 | 2022-01-03 | XPO | JESSELSON MICHAEL G | Dir | M - OptEx | $0.00 | -2,650 | 0 | -100% | $0 |
| D | 2022-01-05 | 2022-01-03 | XPO | JESSELSON MICHAEL G | Dir | A - Grant | $0.00 | +2,538 | 2,538 | New | $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 | 2022-01-03 | M | A | 2,650 | $0.00 | 33,931 | D | — | — | (F1) 5,000 of these securities are held in an individual retirement account of Michael G. Jesselson. |
| 2 | Derivative | Restricted Stock Unit | 2022-01-03 | M | D | 2,650 | $0.00 | 0 | D | — · — to — | 2,650 Common Stock, par value $0.001 per share | (F9) 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. (F8) 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. (F10) The RSUs vested in full on January 3, 2022. |
| 3 | Derivative | Restricted Stock Unit | 2022-01-03 | A | A | 2,538 | $0.00 | 2,538 | D | — · — to — | 2,538 Common Stock, par value $0.001 per share | (F8) 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. (F11) The RSUs shall vest in full on January 3, 2023, subject to the Reporting Person's continued service as a director of the Issuer. |