| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | GXO | Common Stock | Options Exercise | $0 | +4.45K | $0.00 | 4.45K | Jan 3, 2024 | Direct | ||
| transaction | GXO | Common Stock | Options Exercise | $0 | +5.26K | +118.12% | $0.00 | 9.71K | Jan 3, 2024 | Direct | |
| transaction | GXO | Common Stock | Options Exercise | $0 | +7.15K | +73.56% | $0.00 | 16.9K | Jan 3, 2024 | Direct | |
| transaction | GXO | Common Stock | Options Exercise | $0 | +8.73K | +51.79% | $0.00 | 25.6K | Jan 3, 2024 | Direct | |
| transaction | GXO | Common Stock | Sale | -$559K | -9.63K | -37.62% | $58.09 | 16K | Jan 3, 2024 | Direct | F1, F2 |
| transaction | GXO | Common Stock | Sale | -$52.8K | -900 | -5.64% | $58.70 | 15.1K | Jan 3, 2024 | Direct | F1, F3 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | GXO | Restricted Stock Units | Options Exercise | $0 | -4.45K | -100% | $0.00* | 0 | Jan 3, 2024 | Common Stock | 4.45K | Direct | F4, F5 | |
| transaction | GXO | Restricted Stock Units | Options Exercise | $0 | -5.26K | -100% | $0.00* | 0 | Jan 3, 2024 | Common Stock | 5.26K | Direct | F4, F6 | |
| transaction | GXO | Restricted Stock Units | Options Exercise | $0 | -7.15K | -100% | $0.00* | 0 | Jan 3, 2024 | Common Stock | 7.15K | Direct | F4, F7 | |
| transaction | GXO | Restricted Stock Units | Options Exercise | $0 | -4.55K | -100% | $0.00* | 0 | Jan 3, 2024 | Common Stock | 4.55K | Direct | F4, F8 | |
| transaction | GXO | Restricted Stock Units | Options Exercise | $0 | -8.73K | -100% | $0.00* | 0 | Jan 3, 2024 | Common Stock | 8.73K | Direct | F4, F9 | |
| transaction | GXO | Restricted Stock Units | Options Exercise | $0 | -5.97K | -100% | $0.00* | 0 | Jan 3, 2024 | Common Stock | 5.97K | Direct | F4, F10 | |
| transaction | GXO | Restricted Stock Units | Award | $0 | +1.28K | $0.00 | 1.28K | Jan 2, 2024 | Common Stock | 1.28K | Direct | F4, F11 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | 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. |
| F2 | 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. |
| F3 | 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. |
| F4 | 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. |
| F5 | The RSUs vested in full on January 3, 2024. |
| F6 | 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. |
| F7 | 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. |
| F8 | 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. |
| F9 | 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. |
| F10 | 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. |
| F11 | The RSUs shall vest in full on January 2, 2025, subject to the Reporting Person's continued service as a director of GXO. |