S. JACOBS BRADLEY - 18 Jul 2022 Form 4 Insider Report for XPO Logistics, Inc. (XPO)

Signature
/s/ Brad Jacobs
Issuer symbol
XPO
Transactions as of
18 Jul 2022
Transactions value $
-$5,562,999
Form type
4
Filing time
20 Jul 2022, 19:30:51 UTC
Previous filing
14 Apr 2022
Next filing
12 Aug 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XPO Common Stock, par value $0.001 per share Sale -$324K -6.47K -0.1% $50.06 6.46M 18 Jul 2022 See footnote F1, F2, F3
transaction XPO Common Stock, par value $0.001 per share Sale -$774K -15.2K -0.24% $50.78 6.45M 19 Jul 2022 See footnote F1, F2, F4
transaction XPO Common Stock, par value $0.001 per share Sale -$1.79M -34.8K -0.54% $51.52 6.41M 19 Jul 2022 See footnote F1, F2, F5
transaction XPO Common Stock, par value $0.001 per share Sale -$371K -7.11K -0.11% $52.17 6.4M 20 Jul 2022 See footnote F1, F2, F6
transaction XPO Common Stock, par value $0.001 per share Sale -$950K -17.9K -0.28% $53.18 6.39M 20 Jul 2022 See footnote F1, F2, F7
transaction XPO Common Stock, par value $0.001 per share Sale -$1.35M -25K -0.39% $54.08 6.36M 20 Jul 2022 See footnote F1, F2, F8
holding XPO Common Stock, par value $0.001 per share 387K 18 Jul 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were automatically effected pursuant to a previously executed selling plan of Jacobs Private Equity, LLC ("JPE") that is intended to comply with Rule 10b5-1(c) promulgated under the Securities Exchange Act of 1934, as amended. The shares were sold by JPE for tax and estate planning purposes.
F2 JPE is the direct beneficial owner of these securities. Brad Jacobs is the Managing Member of JPE.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.00 to $50.18, inclusive. The reporting person undertakes to provide to XPO Logistics, Inc. ("XPO"), any security holder of XPO, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (3), (4), (5), (6), (7) and (8) to this Form 4.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.06 to $51.05, inclusive.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $51.06 to $51.90, inclusive.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $51.55 to $52.54, inclusive.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $52.55 to $53.54, inclusive.
F8 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $53.55 to $54.45, inclusive.