SEC Form 4 · accession 0001166003-15-000075
XPO, Inc. · XPO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Louis DeJoy
Director
Period of report
Dec 15, 2015
Accepted (ET)
Dec 17, 2015 · 5:27 pm EST
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 | Dec 15, 2015 | A | 23,171 | $0.00 | A | 407,343 | D | |
| Common Stock, par value $0.001 per share | Dec 15, 2015 | F | 11,053 | $27.17 | D | 396,290 | D | |
| Common Stock, par value $0.001 per shareF2 | Dec 15, 2015 | A | 76,210 | $27.17 | A | 472,500 | D | |
| Common Stock, par value $0.001 per share | Dec 15, 2015 | F | 36,353 | $27.17 | D | 436,147 | D | |
| Common Stock, par value $0.001 per shareF4 | holding | — | — | — | 192,086 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares were withheld by the Issuer to fund tax liability attributable to the vesting and settlement of performance-based restricted stock units ("PRSUs"). The PRSUs were settled on December 15, 2015 and there were no related discretionary transactions or open market sales.
- F2The shares of common stock were issued to the Reporting Person pursuant to the Retirement and Release Agreement dated December 7, 2015 between the Issuer and the Reporting Person ("Retirement Agreement").
- F3These shares were withheld by the Issuer to fund tax liability attributable to issuance of stock under the Retirement Agreement. There were no related discretionary transactions or open market sales.
- F4The Louis DeJoy Family Partnership, LLC is the direct beneficial owner of these securities. Louis DeJoy is the Managing Member of The Louis DeJoy Family Partnership, LLC.