0001669943-23-000003.txt : 20230118
0001669943-23-000003.hdr.sgml : 20230118
20230118171220
ACCESSION NUMBER: 0001669943-23-000003
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230117
FILED AS OF DATE: 20230118
DATE AS OF CHANGE: 20230118
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Ashe Gena L
CENTRAL INDEX KEY: 0001669943
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40470
FILM NUMBER: 23535111
MAIL ADDRESS:
STREET 1: C/O GXO LOGISTICS, INC.
STREET 2: TWO AMERICAN LANE
CITY: GREENWICH
STATE: CT
ZIP: 06831
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: GXO Logistics, Inc.
CENTRAL INDEX KEY: 0001852244
STANDARD INDUSTRIAL CLASSIFICATION: TRANSPORTATION SERVICES [4700]
IRS NUMBER: 862098312
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: TWO AMERICAN LANE
CITY: GREENWICH
STATE: CT
ZIP: 06831
BUSINESS PHONE: 203-489-1287
MAIL ADDRESS:
STREET 1: TWO AMERICAN LANE
CITY: GREENWICH
STATE: CT
ZIP: 06831
4
1
wf-form4_167407992331598.xml
FORM 4
X0306
4
2023-01-17
0
0001852244
GXO Logistics, Inc.
GXO
0001669943
Ashe Gena L
C/O GXO LOGISTICS, INC.
TWO AMERICAN LANE
GREENWICH
CT
06831
1
0
0
0
Common Stock
2023-01-17
4
S
0
2120
52.73
D
0
D
Restricted Stock Units
Common Stock
4453.0
4453
D
Restricted Stock Units
Common Stock
5260.0
5260
D
Restricted Stock Units
Common Stock
7145.0
7145
D
Restricted Stock Units
Common Stock
4554.0
4554
D
Restricted Stock Units
Common Stock
8730.0
8730
D
Restricted Stock Units
Common Stock
5972.0
5972
D
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.
/s/ Karlis P. Kirsis, Attorney-in-Fact
2023-01-18