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Filing Details

Accession Number:: 0001669943-24-000002
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2024-01-04 17:08:48
Reporting Period:: 2024-01-02

Accepted Time:: 2024-01-04 17:08:48
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

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2024-01-03	4,453	$0.00	4,453	No	4	M	Direct
Common Stock	Acquisiton	2024-01-03	5,260	$0.00	9,713	No	4	M	Direct
Common Stock	Acquisiton	2024-01-03	7,145	$0.00	16,858	No	4	M	Direct
Common Stock	Acquisiton	2024-01-03	8,730	$0.00	25,588	No	4	M	Direct
Common Stock	Disposition	2024-01-03	9,626	$58.09	15,962	No	4	S	Direct
Common Stock	Disposition	2024-01-03	900	$58.70	15,062	No	4	S	Direct

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

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Restricted Stock Units	Disposition	2024-01-03	4,453	$0.00	4,453	$0.00
Common Stock	Restricted Stock Units	Disposition	2024-01-03	5,260	$0.00	5,260	$0.00
Common Stock	Restricted Stock Units	Disposition	2024-01-03	7,145	$0.00	7,145	$0.00
Common Stock	Restricted Stock Units	Disposition	2024-01-03	4,554	$0.00	4,554	$0.00
Common Stock	Restricted Stock Units	Disposition	2024-01-03	8,730	$0.00	8,730	$0.00
Common Stock	Restricted Stock Units	Disposition	2024-01-03	5,972	$0.00	5,972	$0.00
Common Stock	Restricted Stock Units	Acquisiton	2024-01-02	1,282	$0.00	1,282	$0.00

Remaning Holdings	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	No	4	M	Direct
0	No	4	M	Direct
0	No	4	M	Direct
0	No	4	M	Direct
0	No	4	M	Direct
0	No	4	M	Direct
1,282	No	4	A	Direct

Footnotes

The sales reported in this Form 4 were 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.
The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $57.67 to $58.66, inclusive. The reporting person undertakes to provide to GXO Logistics, Inc. ("GXO"), any security holder of GXO, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnotes (2) and (3) to this Form 4.
The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $58.67 to $58.75, inclusive.
Each Restricted Stock Unit ("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.
The RSUs vested in full on January 3, 2024.
The RSUs vested in full on January 4, 2021 and were 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. Pursuant to the terms of the termination of the director deferral, on January 3, 2024 the deferred shares of GXO Common Stock were delivered.
The RSUs vested in full on January 2, 2020 and were 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. Pursuant to the terms of the termination of the director deferral, on January 3, 2024 the deferred shares of GXO Common Stock were delivered.
The RSUs vested in full on January 2, 2019 and were 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. Pursuant to the terms of the termination of the director deferral, on January 3, 2024 the deferred shares of GXO Common Stock were delivered.
The RSUs vested in full on January 3, 2018 and were 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. Pursuant to the terms of the termination of the director deferral, on January 3, 2024 the deferred shares of GXO Common Stock were delivered.
The RSUs vested in full on January 1, 2018 and were 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. Pursuant to the terms of the termination of the director deferral, on January 3, 2024 the deferred shares of GXO Common Stock were delivered.
The RSUs shall vest in full on January 2, 2025, subject to the Reporting Person's continued service as a director of GXO.