Peter Rogers - 05 Oct 2021 Form 4 Insider Report for Echo Global Logistics, Inc. (ECHO)

Role: Chief Financial Officer
Signature: /s/ David B. Menzel, by Power of Attorney
Issuer symbol: ECHO
Transactions as of: 05 Oct 2021
Transactions value $: -$103,392
Form type: 4
Filing time: 07 Oct 2021, 06:02:55 UTC
Next filing: 23 Nov 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ECHO	Common Stock	Options Exercise	$0	+4.86K	+32.69%	$0.00	19.7K	05 Oct 2021	Direct
transaction	ECHO	Common Stock	Tax liability	-$103K	-2.15K	-10.92%	$48.00	17.6K	05 Oct 2021	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	ECHO	Restricted Stock Unit	Options Exercise	$0	+4.86K	+19.85%	$0.00	29.4K	05 Oct 2021	Common Stock	4.86K		Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares withheld by issuer to satisfy the mandatory tax withholding requirement upon vesting of restricted stock units. This is not an open market sale of securities.
F2	Each restricted stock unit represents a contingent right to receive one share of common stock.
F3	The restricted stock units vest in three equal installments, beginning on the first anniversary of the grant date, subject to the Reporting Person's continued employment with the Company through each vesting date.