SEC Form 4 · accession 0001166003-15-000066
XPO, Inc. · XPO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lance A Robinson
Officer — Global CAO
Period of report
Oct 1, 2015
Accepted (ET)
Oct 5, 2015 · 4:14 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001166003
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1,F2 | — | Oct 1, 2015 | A | 5,000 | A | — | — | Common Stock, par value $0.001 per share | 5,000 | 5,000 | D |
| Restricted Stock UnitF1,F3 | — | Oct 1, 2015 | A | 100,000 | A | — | — | Common Stock, par value $0.001 per share | 100,000 | 100,000 | D |
| Employee Stock Option (right to buy)F4 | $26.63 | Oct 1, 2015 | A | 24,000 | A | — | Oct 1, 2025 | Common Stock, par value $0.001 per share | 24,000 | 24,000 | D |
Explanation of responses
- F1Each 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.
- F2The RSUs vest in three equal annual installments, beginning on October 1, 2016 and continuing on the first and second anniversaries thereof, subject to the Reporting Person's continued employment with the Issuer.
- F3The RSUs vest in ten equal annual installments of 10,000 shares, beginning on October 1, 2016 and continuing on the next nine anniversaries thereof, subject to the Reporting Person's continued employment with the Issuer.
- F4The Employee Stock Options vest in three equal annual installments of 8,000 each, beginning on October 1, 2016 and continuing on the first and second anniversaries thereof, subject to the Reporting Person's continued employment with the Issuer.