Form 4 for GXO GXO Logistics, Inc.
Accepted 2024-03-11 00:00:00 ET · period of report 2024-03-07 · accession 0001875774-24-000002 · 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 | 2024-03-11 | 2024-03-07+ | GXO | Blanchett Paul | CAO | M - OptEx | $0.00 | +2,180 | 12.9K | +20% | $0 |
| DM | 2024-03-11 | 2024-03-07+ | GXO | Blanchett Paul | CAO | F - Tax | $49.61 | -1,077 | 12.0K | -8% | -$53.4K |
| DM | 2024-03-11 | 2024-03-07+ | GXO | Blanchett Paul | CAO | M - OptEx | $0.00 | -2,180 | 932 | -70% | $0 |
| D | 2024-03-11 | 2024-03-07 | GXO | Blanchett Paul | CAO | A - Grant | $0.00 | +5,017 | 5,017 | 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 | 2024-03-07 | M | A | 1,246 | $0.00 | 12,611 | D | — | — | |
| 2 | Common | Common Stock | 2024-03-11 | F | D | 433 | $49.20 | 12,468 | D | — | — | (F2) No shares were sold by the Reporting Person. These shares were withheld by GXO to fund tax liability attributable to the vesting and settlement of the RSUs reported on this Form 4. These RSUs vested on March 10, 2024 and were settled on March 11, 2024, as originally scheduled, and there were no related discretionary transactions or open market sales. |
| 3 | Common | Common Stock | 2024-03-10 | M | A | 934 | $0.00 | 12,901 | D | — | — | |
| 4 | Common | Common Stock | 2024-03-07 | F | D | 644 | $49.88 | 11,967 | D | — | — | (F1) No shares were sold by the Reporting Person. These shares were withheld by GXO Logistics, Inc. ("GXO") to fund tax liability attributable to the vesting and settlement of the Restricted Stock Units ("RSUs") reported on this Form 4. These RSUs vested and were settled on March 7, 2024, as originally scheduled, and there were no related discretionary transactions or open market sales. |
| 5 | Derivative | Restricted Stock Units | 2024-03-07 | M | D | 1,246 | $0.00 | 3,739 | D | — · — to — | 1,246 Common Stock | (F3) Each RSU represents a contingent right to receive, either (i) one share of 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) These RSUs vest in four equal annual installments on March 7, 2024, March 7, 2025, March 7, 2026 and March 7, 2027, subject to the Reporting Person's continued employment with GXO. |
| 6 | Derivative | Restricted Stock Units | 2024-03-10 | M | D | 934 | $0.00 | 932 | D | — · — to — | 934 Common Stock | (F3) Each RSU represents a contingent right to receive, either (i) one share of 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) These RSUs vest in four equal annual installments on March 10, 2022, March 10, 2023, March 10, 2024 and March 10, 2025, subject to the Reporting Person's continued employment with GXO. |
| 7 | Derivative | Restricted Stock Units | 2024-03-07 | A | A | 5,017 | $0.00 | 5,017 | D | — · — to — | 5,017 Common Stock | (F3) Each RSU represents a contingent right to receive, either (i) one share of 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) These RSUs vest in three equal annual installments on March 7, 2025, March 7, 2026 and March 7, 2027, subject to the Reporting Person's continued employment with GXO. |