Form 4 for GXO GXO Logistics, Inc.
Accepted 2023-04-04 00:00:00 ET · period of report 2023-04-01 · accession 0001874231-23-000004 · 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 | 2023-04-04 | 2023-04-01 | GXO | Oran Baris | CFO | M - OptEx | $0.00 | +1,875 | 1,875 | New | $0 |
| D | 2023-04-04 | 2023-04-01 | GXO | Oran Baris | CFO | F - Tax | $50.46 | -869 | 1,006 | -46% | -$43.8K |
| D | 2023-04-04 | 2023-04-01 | GXO | Oran Baris | CFO | M - OptEx | $0.00 | -1,875 | 5,625 | -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 | 2023-04-01 | M | A | 1,875 | $0.00 | 1,875 | D | — | — | |
| 2 | Common | Common Stock | 2023-04-01 | F | D | 869 | $50.46 | 1,006 | 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 April 1, 2023, as originally scheduled, and there were no related discretionary transactions or open market sales. |
| 3 | Derivative | Restricted Stock Units | 2023-04-01 | M | D | 1,875 | $0.00 | 5,625 | D | — · — to — | 1,875 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) These RSUs vest in four equal annual installments on April 1, 2023, April 1, 2024, April 1, 2025 and April 1, 2026, subject to the Reporting Person's continued employment with GXO. |