0001874231-24-000002.txt : 20240311
0001874231-24-000002.hdr.sgml : 20240311
20240311204537
ACCESSION NUMBER: 0001874231-24-000002
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240307
FILED AS OF DATE: 20240311
DATE AS OF CHANGE: 20240311
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Oran Baris
CENTRAL INDEX KEY: 0001874231
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40470
FILM NUMBER: 24739974
MAIL ADDRESS:
STREET 1: TWO AMERICAN LANE
CITY: GREENWICH
STATE: CT
ZIP: 06831
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: GXO Logistics, Inc.
CENTRAL INDEX KEY: 0001852244
STANDARD INDUSTRIAL CLASSIFICATION: TRANSPORTATION SERVICES [4700]
ORGANIZATION NAME: 01 Energy & Transportation
IRS NUMBER: 862098312
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: TWO AMERICAN LANE
CITY: GREENWICH
STATE: CT
ZIP: 06831
BUSINESS PHONE: 203-489-1287
MAIL ADDRESS:
STREET 1: TWO AMERICAN LANE
CITY: GREENWICH
STATE: CT
ZIP: 06831
4
1
wk-form4_1710204328.xml
FORM 4
X0508
4
2024-03-07
0
0001852244
GXO Logistics, Inc.
GXO
0001874231
Oran Baris
C/O GXO LOGISTICS, INC.
TWO AMERICAN LANE
GREENWICH
CT
06831
0
1
0
0
Chief Financial Officer
0
Common Stock
2024-03-07
4
M
0
2692
0
A
3698
D
Common Stock
2024-03-07
4
F
0
920
49.88
D
2778
D
Restricted Stock Units
2024-03-07
4
M
0
2692
0
D
Common Stock
2692
8074
D
Restricted Stock Units
2024-03-07
4
A
0
11287
0
A
Common Stock
11287
11287
D
No shares were sold by the Reporting Person. These shares were withheld by GXO Logistics, Inc. ("GXO") to fund tax liability attributable to the vesting and settlement of the Restricted Stock Units ("RSUs") reported on this Form 4. These RSUs vested and were settled on March 7, 2024, as originally scheduled, and there were no related discretionary transactions or open market sales.
Each RSU represents a contingent right to receive, either (i) one share of GXO common stock, par value $0.01 per share ("GXO Common Stock"), or (ii) a cash payment equal to the fair market value of one share of GXO Common Stock.
These RSUs vest in four equal annual installments on March 7, 2024, March 7, 2025, March 7, 2026 and March 7, 2027, subject to the Reporting Person's continued employment with GXO.
These RSUs vest in three equal annual installments on March 7, 2025, March 7, 2026 and March 7, 2027, subject to the Reporting Person's continued employment with GXO.
/s/ Karlis P. Kirsis, Attorney-in-Fact
2024-03-11