0001669943-24-000002.txt : 20240104
0001669943-24-000002.hdr.sgml : 20240104
20240104170848
ACCESSION NUMBER: 0001669943-24-000002
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240102
FILED AS OF DATE: 20240104
DATE AS OF CHANGE: 20240104
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Ashe Gena L
CENTRAL INDEX KEY: 0001669943
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40470
FILM NUMBER: 24513152
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]
ORGANIZATION NAME: 01 Energy & Transportation
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
wk-form4_1704406109.xml
FORM 4
X0508
4
2024-01-02
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
1
Common Stock
2024-01-03
4
M
0
4453
0
A
4453
D
Common Stock
2024-01-03
4
M
0
5260
0
A
9713
D
Common Stock
2024-01-03
4
M
0
7145
0
A
16858
D
Common Stock
2024-01-03
4
M
0
8730
0
A
25588
D
Common Stock
2024-01-03
4
S
0
9626
58.0948
D
15962
D
Common Stock
2024-01-03
4
S
0
900
58.6967
D
15062
D
Restricted Stock Units
2024-01-03
4
M
0
4453
0
D
Common Stock
4453
0
D
Restricted Stock Units
2024-01-03
4
M
0
5260
0
D
Common Stock
5260
0
D
Restricted Stock Units
2024-01-03
4
M
0
7145
0
D
Common Stock
7145
0
D
Restricted Stock Units
2024-01-03
4
M
0
4554
0
D
Common Stock
4554
0
D
Restricted Stock Units
2024-01-03
4
M
0
8730
0
D
Common Stock
8730
0
D
Restricted Stock Units
2024-01-03
4
M
0
5972
0
D
Common Stock
5972
0
D
Restricted Stock Units
2024-01-02
4
A
0
1282
0
A
Common Stock
1282
1282
D
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.
/s/ Karlis P. Kirsis, Attorney-in-Fact
2024-01-04