Form 4 for GXO GXO Logistics, Inc.
Accepted 2023-03-14 00:00:00 ET · period of report 2023-03-10 · accession 0001875774-23-000004 · 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 | 2023-03-14 | 2023-03-13 | GXO | Blanchett Paul | CAO | F - Tax | $46.35 | -434 | 7,642 | -5% | -$20.1K |
| D | 2023-03-14 | 2023-03-10 | GXO | Blanchett Paul | CAO | M - OptEx | $0.00 | +935 | 8,076 | +13% | $0 |
| D | 2023-03-14 | 2023-03-10 | GXO | Blanchett Paul | CAO | M - OptEx | $0.00 | -935 | 1,866 | -33% | $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 | 2023-03-13 | F | D | 434 | $46.35 | 7,642 | 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 March 10, 2023, and were settled on March 13, 2023, as originally scheduled, and there were no related discretionary transactions or open market sales. |
| 2 | Common | Common Stock | 2023-03-10 | M | A | 935 | $0.00 | 8,076 | D | — | — | |
| 3 | Derivative | Restricted Stock Units | 2023-03-10 | M | D | 935 | $0.00 | 1,866 | D | — · — to — | 935 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 vest in four equal annual installments on the first, second, third, and fourth anniversaries of the grant date, March 10, 2021, subject to the Reporting Person's continued employment with GXO. |