4//SEC Filing
JESSELSON MICHAEL G 4
Accession 0001166003-21-000039
CIK 0001166003other
Filed
Feb 18, 7:00 PM ET
Accepted
Feb 19, 5:16 PM ET
Size
21.2 KB
Accession
0001166003-21-000039
Insider Transaction Report
Form 4
JESSELSON MICHAEL G
Director
Transactions
- Sale
Common Stock, par value $0.001 per share
2021-02-18$118.00/sh−10,000$1,180,000→ 31,281 total - Sale
Common Stock, par value $0.001 per share
2021-02-18$118.00/sh−4,000$472,000→ 6,000 total(indirect: See footnote) - Sale
Common Stock, par value $0.001 per share
2021-02-18$118.00/sh−4,000$472,000→ 8,000 total(indirect: See footnote) - Sale
Common Stock, par value $0.001 per share
2021-02-18$118.10/sh−4,000$472,400→ 8,000 total(indirect: See footnote) - Sale
Common Stock, par value $0.001 per share
2021-02-18$118.00/sh−9,000$1,062,000→ 21,057 total(indirect: See footnote) - Sale
Common Stock, par value $0.001 per share
2021-02-19$119.53/sh−4,000$478,120→ 8,000 total(indirect: See footnote)
Holdings
- 201,001(indirect: See footnote)
Common Stock, par value $0.001 per share
- 8,000(indirect: See footnote)
Common Stock, par value $0.001 per share
- 1,604
Restricted Stock Unit
→ Common Stock, par value $0.001 per share (1,604 underlying) - 2,071
Restricted Stock Unit
→ Common Stock, par value $0.001 per share (2,071 underlying) - 3,970
Restricted Stock Unit
→ Common Stock, par value $0.001 per share (3,970 underlying)
Footnotes (14)
- [F1]5,000 of these securities are held in an individual retirement account of Michael G. Jesselson.
- [F10]The Michael G. Jesselson 12/18/80 Trust and the Michael G. Jesselson 4/8/71 Trust are the direct beneficial owners of these securities. Michael G. Jesselson is the beneficiary of each of these trusts.
- [F11]Each Restricted Stock Unit ("RSU") represents a contingent right to receive, upon settlement, either (i) one share of Common Stock or (ii) a cash payment equal to the fair market value of one share of Common Stock.
- [F12]The RSUs shall vest in full on January 3, 2022, subject to the Reporting Person's continued service as a director of the Issuer.
- [F13]The RSUs vested in full on January 2, 2019 and are subject to a deferral election. Shares of Common Stock will be delivered to the Reporting Person as per the terms of the deferral election.
- [F14]The RSUs vested in full on January 3, 2018 and are subject to a deferral election. Shares of Common Stock will be delivered to the Reporting Person as per the terms of the deferral election.
- [F2]This transaction was executed in multiple trades at prices ranging from $118.00 to $118.01. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer, full information regarding the number of shares and prices at which each transaction was effected.
- [F3]Michael G. Jesselson's spouse is the direct beneficial owner of these securities.
- [F4]These securities are held by the RAJ Irrevocable Trust, of which Michael G. Jesselson is a trustee
- [F5]This transaction was executed in multiple trades at prices ranging from $118.00 to $118.14. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer, full information regarding the number of shares and prices at which each transaction was effected.
- [F6]These securities are held by the SJJ Irrevocable Trust, of which Michael G. Jesselson is a trustee.
- [F7]This transaction was executed in multiple trades at prices ranging from $118.00 to $118.11. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer, full information regarding the number of shares and prices at which each transaction was effected.
- [F8]The Michael G. Jesselson and Linda Jesselson, Trustees UID 6/30/93 FBO Maya Ariel Ruth Jesselson is the direct beneficial owner of these securities. Michael G. Jesselson is a trustee of the trust.
- [F9]These securities are held by the JJJ Irrevocable Trust, of which Michael G. Jesselson is a trustee.
Documents
Issuer
XPO Logistics, Inc.
CIK 0001166003
Entity typeother
Related Parties
1- filerCIK 0000945191
Filing Metadata
- Form type
- 4
- Filed
- Feb 18, 7:00 PM ET
- Accepted
- Feb 19, 5:16 PM ET
- Size
- 21.2 KB