Form 4 for GXO GXO Logistics, Inc.
Accepted 2023-01-18 00:00:00 ET · period of report 2023-01-15 · accession 0001874209-23-000002 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-01-18 | 2023-01-15 | GXO | Kirsis Karlis | CLO | M - OptEx | $0.00 | +1,601 | 25.8K | +7% | $0 |
| D | 2023-01-18 | 2023-01-17 | GXO | Kirsis Karlis | CLO | F - Tax | $53.26 | -753 | 25.0K | -3% | -$40.1K |
| D | 2023-01-18 | 2023-01-15 | GXO | Kirsis Karlis | CLO | M - OptEx | $0.00 | -1,601 | 0 | -100% | $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 | 2023-01-15 | M | A | 1,601 | $0.00 | 25,766 | D | — | — | |
| 2 | Common | Common Stock | 2023-01-17 | F | D | 753 | $53.26 | 25,013 | 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 on January 15, 2023, and were settled on January 17, 2023, as originally scheduled, and there were no related discretionary transactions or open market sales. |
| 3 | Derivative | Restricted Stock Units | 2023-01-15 | M | D | 1,601 | $0.00 | 0 | D | — · — to — | 1,601 Common Stock | (F2) Each 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 three equal annual installments on the first, second, and third anniversaries of the grant date, January 15, 2020, subject to the Reporting Person's continued employment with the Issuer. |