XPO LOGISTICS, INC. (NYSE:XPO) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02
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Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
Stockholders (the 2016 Special Meeting) on December 20, 2016. At
the 2016 Special Meeting, the Companys stockholders approved the
XPO Logistics, Inc. 2016 Omnibus Incentive Compensation Plan (the
XPO Equity Plan), including without limitation, the material
terms of the XPO Equity Plan for purposes of Section 162(m) of
the Internal Revenue Code of 1986, as amended. The Compensation
Committee of the Board of Directors of the Company had previously
adopted and approved the XPO Equity Plan on September 15, 2016,
subject to stockholder approval. The material terms of the XPO
Equity Plan are summarized on pages 6 through 18 of the Companys
definitive proxy statement on Schedule 14A filed with the
Securities and Exchange Commission on November 21, 2016 (the
Proxy Statement), which description is incorporated by reference
herein. This description of the XPO Equity Plan is qualified in
its entirety by reference to the actual terms of the XPO Equity
Plan, a complete copy of which is set forth as Annex A to the
Proxy Statement and incorporated by reference as Exhibit 10.1 to
this Current Report on Form 8-K.
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Item 5.07
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Submission of Matters to a Vote of Security Holders.
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1.
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The XPO Equity Plan, including without limitation, the
material terms of the XPO Equity Plan for purposes of Section 162(m) of the Internal Revenue Code of 1986, as amended; and |
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2.
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The adjournment or postponement of the 2016 Special
Meeting, if necessary, to solicit additional proxies. |
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Proposal 1: Approval of the XPO Equity Plan:
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Votes For
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92,805,999
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Votes Against
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1,993,833
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Abstentions
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177,079
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Proposal 2: Adjourn or postpone the 2016 Special
Meeting, if necessary: |
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Votes For
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91,289,937
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Votes Against
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3,487,626
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Abstentions
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199,348
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Exhibit No.
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Exhibit Description
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10.1
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XPO Logistics, Inc. 2016 Omnibus Incentive Compensation
Plan (incorporated by reference to Annex A to XPO Logistics, Inc.s definitive proxy statement on Schedule 14A filed with the Securities and Exchange Commission on November 21, 2016) |
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About XPO LOGISTICS, INC.> (NYSE:XPO)
XPO Logistics, Inc. is a transportation and logistics company. The Company provides supply chain solutions. The Company operates in two segments: Transportation and Logistics. In the Transportation segment, it provides multiple services to facilitate the movement of raw materials, parts and finished goods. Its transportation services include freight brokerage, last mile, expedite, intermodal, less-than-truckload (LTL), full truckload and global forwarding services. Freight brokerage, last mile, expedite and global forwarding are all non-asset or asset-light businesses. LTL and full truckload are asset-based. In Logistics segment, it provides a range of contract logistics services, including highly engineered and customized solutions, e-commerce fulfillment and reverse logistics, as well as warehousing and distribution solutions, such as factory support, aftermarket support, integrated manufacturing, packaging, labeling, distribution and transportation. XPO LOGISTICS, INC.> (NYSE:XPO) Recent Trading Information
XPO LOGISTICS, INC.> (NYSE:XPO) closed its last trading session up +0.98 at 44.92 with 1,393,823 shares trading hands.
