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