Home > Insider Trading > Filing (0001669943-23-000003)

Filing Details

Accession Number:: 0001669943-23-000003
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2023-01-18 17:12:20
Reporting Period:: 2023-01-17

Accepted Time:: 2023-01-18 17:12:20
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1852244	Gxo Logistics Inc.	GXO	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1669943	L Gena Ashe	C/O Gxo Logistics, Inc. Two American Lane Greenwich CT 06831		Yes	No	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2023-01-17	2,120	$52.73	0	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct

Reported Derivative Holdings

Show Other Fields >>

Sec. Name	Sec. Type	Price	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Restricted Stock Units	$0.00	4,453	4,453	Direct
Common Stock	Restricted Stock Units	$0.00	5,260	5,260	Direct
Common Stock	Restricted Stock Units	$0.00	7,145	7,145	Direct
Common Stock	Restricted Stock Units	$0.00	4,554	4,554	Direct
Common Stock	Restricted Stock Units	$0.00	8,730	8,730	Direct
Common Stock	Restricted Stock Units	$0.00	5,972	5,972	Direct

Amount	Remaning Holdings	Nature of Ownership
4,453	4,453	Direct
5,260	5,260	Direct
7,145	7,145	Direct
4,554	4,554	Direct
8,730	8,730	Direct
5,972	5,972	Direct

Footnotes

The sale reported in this Form 4 was automatically effected pursuant to a previously executed selling plan dated December 15, 2022, that is intended to comply with Rule 10b5-1 promulgated under the Securities Exchange Act of 1934, as amended. The shares were sold for tax and estate planning purposes.
Each Restricted Stock Unit ("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.
The RSUs shall vest in full on January 3, 2024, subject to the Reporting Person's continued service as a director of GXO.
The RSUs vested in full on January 4, 2021 and are subject to a deferral election. On December 23, 2022, the Compensation Committee of the Board of Directors of GXO terminated the deferral and accelerated the payment of the RSUs to as soon as practicable after January 2, 2024 and not later than January 31, 2024.
The RSUs vested in full on January 2, 2020 and are subject to a deferral election. On December 23, 2022, the Compensation Committee of the Board of Directors of GXO terminated the deferral and accelerated the payment of the RSUs to as soon as practicable after January 2, 2024 and not later than January 31, 2024.
The RSUs vested in full on January 2, 2019 and are subject to a deferral election. On December 23, 2022, the Compensation Committee of the Board of Directors of GXO terminated the deferral and accelerated the payment of the RSUs to as soon as practicable after January 2, 2024 and not later than January 31, 2024.
The RSUs vested in full on January 3, 2018 and are subject to a deferral election. On December 23, 2022, the Compensation Committee of the Board of Directors of GXO terminated the deferral and accelerated the payment of the RSUs to as soon as practicable after January 2, 2024 and not later than January 31, 2024.
The RSUs vested in full on January 1, 2018 and are subject to a deferral election. On December 23, 2022, the Compensation Committee of the Board of Directors of GXO terminated the deferral and accelerated the payment of the RSUs to as soon as practicable after January 2, 2024 and not later than January 31, 2024.