S. JACOBS BRADLEY - 03 Jan 2023 Form 4 Insider Report for GXO Logistics, Inc. (GXO)

Role
Director
Signature
/s/ Karlis P. Kirsis, Attorney-in-Fact
Issuer symbol
GXO
Transactions as of
03 Jan 2023
Net transactions value
$0
Form type
4
Filing time
04 Jan 2023, 16:24:51 UTC
Previous filing
17 Nov 2022
Next filing
30 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GXO Common Stock Options Exercise $0 +2,120 +0.55% $0.000000 390,609 03 Jan 2023 Direct
holding GXO Common Stock 1,300,701 03 Jan 2023 See footnote 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 GXO Restricted Stock Units Options Exercise $0 -2,120 -100% $0.000000* 0 03 Jan 2023 Common Stock 2,120 Direct F2, F3
transaction GXO Restricted Stock Units Award $0 +4,453 $0.000000 4,453 03 Jan 2023 Common Stock 4,453 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Jacobs Private Equity, LLC ("JPE") is the direct beneficial owner of these securities. Brad Jacobs is the Managing Member of JPE.
F2 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.
F3 The RSUs vested in full on January 3, 2023.
F4 The RSUs shall vest in full on January 3, 2024, subject to the Reporting Person's continued service as a director of GXO.

Remarks:

See Exhibit 24 - Power of Attorney attached.