SEC Form 4 · accession 0001166003-15-000035
XPO, Inc. · XPO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott Malat
Officer — Chief Strategy Officer
Period of report
Jun 30, 2015
Accepted (ET)
Jul 1, 2015 · 6:58 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001166003
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.001 per share | Jun 30, 2015 | M | 3,204 | $0.00 | A | 37,203 | D | |
| Common Stock, par value $0.001 per shareF1,F2 | Jun 30, 2015 | F | 1,181 | $45.18 | D | 36,022 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF3,F4 | — | Jun 30, 2015 | M | 3,204 | D | — | — | Common Stock, par value $0.001 per share | 3,204 | 0 | D |
Explanation of responses
- F1These shares were withheld by the Issuer to fund tax liability attributable to the vesting and settlement of the RSUs reported on this Form 4. These RSUs vested and were settled on June 30, 2015, as originally scheduled, and there were no related discretionary transactions or open market sales.
- F2These securities are held jointly with the Reporting Person's spouse.
- F3Each 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.
- F4The Restricted Stock Units fully vested and were settled on June 30, 2015.