Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | GXO | Restricted Stock Units | Award | $0 | +8.25K | $0.00 | 8.25K | Jan 31, 2025 | Common Stock | 8.25K | Direct | F1, F2 |
Id | Content |
---|---|
F1 | 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. |
F2 | The RSUs vest in three equal annual installments on January 31, 2026, January 31, 2027 and January 31, 2028, subject to the Reporting Person's continued employment with GXO. |