Filing Details

Accession Number:
0001181431-12-059431
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-11-19 17:02:19
Reporting Period:
2012-11-16
Filing Date:
2012-11-19
Accepted Time:
2012-11-19 17:02:19
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1166003 Xpo Logistics Inc. XPO Transportation Services (4700) 030450326
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1329290 D Jason Papastavrou Springer Wealth Management Llc
152 W. 57Th Street, 19Th Floor
New York NY 10019
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, Par Value $0.001 Per Share Acquisiton 2012-11-16 7,500 $13.80 7,500 No 4 P Direct
Common Stock, Par Value $0.001 Per Share Acquisiton 2012-11-16 1,000 $13.79 1,375 No 4 P Indirect See footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
No 4 P Indirect See footnote
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock, Par Value $0.001 Per Share Restricted Stock Units $0.00 2,500 2,500 Direct
Common Stock, Par Value $0.001 Per Share Director Stock Options (right to buy) $9.28 2021-11-21 8,000 8,000 Direct
Common Stock, Par Value $0.001 Per Share See footnote $7.00 2011-09-02 92,857 650 Indirect
Common Stock, Par Value $0.001 Per Share Warrants $7.00 2011-09-02 2021-09-02 92,857 92,857 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
2,500 2,500 Direct
2021-11-21 8,000 8,000 Direct
92,857 650 Indirect
2021-09-02 92,857 92,857 Indirect
Footnotes
  1. This transaction was executed in multiple trades at prices ranging from $13.76 to $13.80. The price reported above reflects the weighted average purchase price. The Reporting Person hereby undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer, full information regarding the number of shares and prices at which each transaction was effected.
  2. This transaction was executed in multiple trades at prices ranging from $13.789 to $13.79. The price reported above reflects the weighted average purchase price. The Reporting Person hereby undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer or a security holder of the Issuer, full information regarding the number of shares and prices at which each transaction was effected.
  3. The Brett A. Athans Declaration of Trust is the direct beneficial owner of these securities. Jason D. Papastavrou is the trustee of the Brett A. Athans Declaration of Trust.
  4. 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.
  5. These Restricted Stock Units vested on September 2, 2012 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.
  6. The Director Stock Options vested and became exercisable on September 2, 2012.
  7. Series A Convertible Perpetual Preferred Stock, par value $0.001 per share.
  8. 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").
  9. The Series A Convertible Perpetual Preferred Stock has no expiration date.
  10. Represents 92,857 shares of Common Stock initially issuable upon conversion of 650 shares of Series A Convertible Perpetual Preferred Stock, subject to adjustment as set forth in the Certificate of Designation.
  11. Springer Wealth Management LLC is the direct beneficial owner of these securities. Jason D. Papastavrou is the owner of 100% of the equity interests of Springer Wealth Management LLC.
  12. 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").
  13. Represents 92,857 shares of Common Stock initially issuable upon the exercise of 92,857 Warrants, subject to adjustment as set forth in the Warrant Certificate.