XPO Logistics, Inc. 4
4 · XPO Logistics, Inc. · Filed Jan 13, 2014
Insider Transaction Report
Form 4
ANDERSEN G CHRIS
Director
Transactions
- Award
Director Stock Option (right to buy)
2013-12-12+8,000→ 8,000 totalExercise: $23.19Exp: 2023-12-12→ Common Stock, par value $0.001 per share (8,000 underlying) - Award
Restricted Stock Unit
2013-12-12+2,500→ 2,500 total→ Common Stock, par value $0.001 per share (2,500 underlying)
Holdings
- 8,000
Director Stock Option (right to buy)
Exercise: $9.28From: 2012-09-02Exp: 2021-11-21→ Common Stock, par value $0.001 per share (8,000 underlying) - 250
See footnote
Exercise: $7.00From: 2011-09-02→ Common Stock, par value $0.001 per share (35,713 underlying) - 2,500
Restricted Stock Unit
→ Common Stock, par value $0.001 per share (2,500 underlying) - 35,713
Warrants
Exercise: $7.00From: 2011-09-02Exp: 2021-09-02→ Common Stock, par value $0.001 per share (35,713 underlying) - 2,500
Common Stock, par value $0.001 per share
- 8,000
Director Stock Option (right to buy)
Exercise: $16.74From: 2013-12-11Exp: 2022-12-11→ Common Stock, par value $0.001 per share (8,000 underlying)
Footnotes (10)
- [F1]Each Restricted Stock Unit 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.
- [F10]Represents 35,713 shares of Common Stock initially issuable upon the exercise of 35,713 Warrants, subject to adjustment as set forth in the Warrant Certificate.
- [F2]The Restricted Stock Units shall vest on January 2, 2015, subject to the Reporting Person's continued service as a director of the Issuer.
- [F3]The Restricted Stock Units vested in full on December 11, 2013 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.
- [F4]The Director Stock Options shall vest and become exercisable on January 2, 2015, subject to the Reporting Person's continued service as a director of the Issuer.
- [F5]Series A Convertible Perpetual Preferred Stock, par value $0.001 per share.
- [F6]The initial conversion price of the Series A Convertible Perpetual Preferred Stock is $7 per share of Common Stock, subject to adjustment as set forth in the Certificate of Designation of Series A Convertible Perpetual Preferred Stock, filed as Exhibit 4.1 to the Issuer's Current Report on Form 8-K filed with the SEC on September 6, 2011 (the "Certificate of Designation").
- [F7]The Series A Convertible Perpetual Preferred Stock has no expiration date.
- [F8]Represents 35,713 shares of Common Stock initially issuable upon conversion of 250 shares of Series A Convertible Perpetual Preferred Stock, subject to adjustment as set forth in the Certificate of Designation.
- [F9]The initial exercise price of the Warrants is $7 per share of Common Stock, subject to adjustment as set forth in the Form of Warrant Certificate, filed as Exhibit 4.2 to the Issuer's Current Report on Form 8-K filed with the SEC on September 6, 2011 (the "Warrant Certificate").