Form 4 for GXO GXO Logistics, Inc.
Accepted 2023-09-06 00:00:00 ET · period of report 2023-09-01 · accession 0001881758-23-000006 · 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 | 2023-09-06 | 2023-09-01 | GXO | Fogarty Elizabeth | Chief Comms Off | M - OptEx | $0.00 | +1,406 | 2,662 | +112% | $0 |
| D | 2023-09-06 | 2023-09-01 | GXO | Fogarty Elizabeth | Chief Comms Off | F - Tax | $65.21 | -652 | 2,010 | -24% | -$42.5K |
| D | 2023-09-06 | 2023-09-01 | GXO | Fogarty Elizabeth | Chief Comms Off | M - OptEx | $0.00 | -1,406 | 1,405 | -50% | $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 | 2023-09-01 | M | A | 1,406 | $0.00 | 2,662 | D | — | — | |
| 2 | Common | Common Stock | 2023-09-01 | F | D | 652 | $65.21 | 2,010 | 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 September 1, 2023, as originally scheduled, and there were no related discretionary transactions or open market sales. |
| 3 | Derivative | Restricted Stock Units | 2023-09-01 | M | D | 1,406 | $0.00 | 1,405 | D | — · — to — | 1,406 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 three equal annual installments on September 1, 2022, September 1, 2023 and September 1, 2024, subject to the Reporting Person's continued employment with GXO. |