Form 4 for GXO GXO Logistics, Inc.
Accepted 2024-01-04 00:00:00 ET · period of report 2024-01-02 · accession 0001767492-24-000002 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-01-04 | 2024-01-03 | GXO | Colucci Marlene M | Dir | M - OptEx | $0.00 | +15.4K | 7,090 | New | $0 |
| DM | 2024-01-04 | 2024-01-03 | GXO | Colucci Marlene M | Dir | M - OptEx | $0.00 | -15.4K | 0 | -100% | $0 |
| D | 2024-01-04 | 2024-01-02 | GXO | Colucci Marlene M | Dir | A - Grant | $0.00 | +1,282 | 1,282 | 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 | 2024-01-03 | M | A | 5,260 | $0.00 | 17,997 | D | — | — | |
| 2 | Common | Common Stock | 2024-01-03 | M | A | 3,527 | $0.00 | 12,737 | D | — | — | |
| 3 | Common | Common Stock | 2024-01-03 | M | A | 2,120 | $0.00 | 9,210 | D | — | — | |
| 4 | Common | Common Stock | 2024-01-03 | M | A | 4,453 | $0.00 | 7,090 | D | — | — | |
| 5 | Derivative | Restricted Stock Units | 2024-01-03 | M | D | 2,120 | $0.00 | 0 | D | — · — to — | 2,120 Common Stock | (F1) Each Restricted Stock Unit ("RSU") represents a contingent right to receive, either (i) one share of GXO Logistics, Inc. ("GXO") common stock, par value $0.01 per share ("GXO Common Stock"), or (ii) a cash payment equal to the fair market value of one share of GXO Common Stock. (F3) The RSUs vested in full on January 3, 2023 and were subject to a deferral election. On December 23, 2022, the Compensation Committee of the Board of Directors of GXO terminated the deferral and accelerated the payment of the RSUs to as soon as practicable after January 2, 2024 and not later than January 31, 2024. Pursuant to the terms of the termination of the director deferral, on January 3, 2024 the deferred shares of GXO Common Stock were delivered. |
| 6 | Derivative | Restricted Stock Units | 2024-01-03 | M | D | 4,453 | $0.00 | 0 | D | — · — to — | 4,453 Common Stock | (F1) Each Restricted Stock Unit ("RSU") represents a contingent right to receive, either (i) one share of GXO Logistics, Inc. ("GXO") common stock, par value $0.01 per share ("GXO Common Stock"), or (ii) a cash payment equal to the fair market value of one share of GXO Common Stock. (F2) The RSUs vested in full on January 3, 2024. |
| 7 | Derivative | Restricted Stock Units | 2024-01-02 | A | A | 1,282 | $0.00 | 1,282 | D | — · — to — | 1,282 Common Stock | (F1) Each Restricted Stock Unit ("RSU") represents a contingent right to receive, either (i) one share of GXO Logistics, Inc. ("GXO") common stock, par value $0.01 per share ("GXO Common Stock"), or (ii) a cash payment equal to the fair market value of one share of GXO Common Stock. (F6) The RSUs shall vest in full on January 2, 2025, subject to the Reporting Person's continued service as a director of GXO. |
| 8 | Derivative | Restricted Stock Units | 2024-01-03 | M | D | 3,527 | $0.00 | 0 | D | — · — to — | 3,527 Common Stock | (F1) Each Restricted Stock Unit ("RSU") represents a contingent right to receive, either (i) one share of GXO Logistics, Inc. ("GXO") common stock, par value $0.01 per share ("GXO Common Stock"), or (ii) a cash payment equal to the fair market value of one share of GXO Common Stock. (F4) The RSUs vested in full on January 3, 2022 and were subject to a deferral election. On December 23, 2022, the Compensation Committee of the Board of Directors of GXO terminated the deferral and accelerated the payment of the RSUs to as soon as practicable after January 2, 2024 and not later than January 31, 2024. Pursuant to the terms of the termination of the director deferral, on January 3, 2024 the deferred shares of GXO Common Stock were delivered. |
| 9 | Derivative | Restricted Stock Units | 2024-01-03 | M | D | 5,260 | $0.00 | 0 | D | — · — to — | 5,260 Common Stock | (F1) Each Restricted Stock Unit ("RSU") represents a contingent right to receive, either (i) one share of GXO Logistics, Inc. ("GXO") common stock, par value $0.01 per share ("GXO Common Stock"), or (ii) a cash payment equal to the fair market value of one share of GXO Common Stock. (F5) The RSUs vested in full on January 4, 2021 and were subject to a deferral election. On December 23, 2022, the Compensation Committee of the Board of Directors of GXO terminated the deferral and accelerated the payment of the RSUs to as soon as practicable after January 2, 2024 and not later than January 31, 2024. Pursuant to the terms of the termination of the director deferral, on January 3, 2024 the deferred shares of GXO Common Stock were delivered. |