<SEC-DOCUMENT>0001140361-12-039537.txt : 20120905
<SEC-HEADER>0001140361-12-039537.hdr.sgml : 20120905
<ACCEPTANCE-DATETIME>20120905182347
ACCESSION NUMBER:		0001140361-12-039537
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20120902
FILED AS OF DATE:		20120905
DATE AS OF CHANGE:		20120905

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			XPO Logistics, Inc.
		CENTRAL INDEX KEY:			0001166003
		STANDARD INDUSTRIAL CLASSIFICATION:	TRANSPORTATION SERVICES [4700]
		IRS NUMBER:				030450326
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		5 GREENWICH OFFICE PARK
		CITY:			GREENWICH
		STATE:			CT
		ZIP:			06831
		BUSINESS PHONE:		(203) 413-4003

	MAIL ADDRESS:	
		STREET 1:		5 GREENWICH OFFICE PARK
		CITY:			GREENWICH
		STATE:			CT
		ZIP:			06831

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	EXPRESS-1 EXPEDITED SOLUTIONS INC
		DATE OF NAME CHANGE:	20060606

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SEGMENTZ INC
		DATE OF NAME CHANGE:	20020125

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			JESSELSON MICHAEL G
		CENTRAL INDEX KEY:			0000945191

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-32172
		FILM NUMBER:		121074957

	MAIL ADDRESS:	
		STREET 1:		1301 AVENUE OF THE AMERICAS
		STREET 2:		SUITE 4101
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019
</SEC-HEADER>
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<TYPE>4
<SEQUENCE>1
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<DESCRIPTION>FORM 4
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    <periodOfReport>2012-09-02</periodOfReport>

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    <issuer>
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        <issuerName>XPO Logistics, Inc.</issuerName>
        <issuerTradingSymbol>XPO</issuerTradingSymbol>
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            <rptOwnerCik>0000945191</rptOwnerCik>
            <rptOwnerName>JESSELSON MICHAEL G</rptOwnerName>
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        <reportingOwnerAddress>
            <rptOwnerStreet1>445 PARK AVENUE, SUITE 1502</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10022</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
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            <securityTitle>
                <value>Common Stock</value>
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            <transactionDate>
                <value>2012-09-02</value>
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                <transactionFormType>4</transactionFormType>
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                <equitySwapInvolved>0</equitySwapInvolved>
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                <transactionPricePerShare>
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                    <value>A</value>
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                    <footnoteId id="F1"/>
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                    <value>D</value>
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            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
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                <value>Common Stock</value>
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                <underlyingSecurityTitle>
                    <value>Common Stock, par value $0.001 per share</value>
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                <value>2011-09-02</value>
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                <value>2021-09-02</value>
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                    <value>Common Stock, par value $0.001 per share</value>
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    <footnotes>
        <footnote id="F1">15,000 of these securities are held in an individual retirement account of Michael G. Jesselson.</footnote>
        <footnote id="F2">The Michael G. Jesselson and Linda Jesselson 3/12/84 Trust is the direct beneficial owner of these securities. Michael G. Jesselson is a trustee of the trust.</footnote>
        <footnote id="F3">The Michael G. Jesselson and Linda Jesselson 11/26/85 Trust is the direct beneficial owner of these securities. Michael G. Jesselson is a trustee of the trust.</footnote>
        <footnote id="F4">The Michael G. Jesselson and Linda Jesselson 3/31/87 Trust is the direct beneficial owner of these securities. Michael G. Jesselson is a trustee of the trust.</footnote>
        <footnote id="F5">The Michael G. Jesselson and Linda Jesselson 6/30/93 Trust is the direct beneficial owner of these securities. Michael G. Jesselson is a trustee of the trust.</footnote>
        <footnote id="F6">Michael G. Jesselson's spouse is the direct beneficial owner of these securities.</footnote>
        <footnote id="F7">Each Restricted Stock Unit represented 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.</footnote>
        <footnote id="F8">The Restricted Stock Units were initially unvested.  The Restricted Stock Units vested and were settled on September 2, 2012.</footnote>
        <footnote id="F9">The Director Stock Options were initially unvested.  The Director Stock Options vested and became exercisable on September 2, 2012.</footnote>
        <footnote id="F10">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 &quot;Certificate of Designation&quot;).</footnote>
        <footnote id="F11">The Series A Convertible Perpetual Preferred Stock has no expiration date.</footnote>
        <footnote id="F12">Represents (i) 71,428 shares of Common Stock initially issuable upon conversion of 500 shares of Series A Convertible Perpetual Preferred Stock held by the Michael G. Jesselson 12/18/80 Trust and (ii) 32,142 shares of Common Stock initially issuable upon conversion of 225 shares of Series A Convertible Perpetual Preferred Stock held by the Michael G. Jesselson 4/8/71 Trust, in each case subject to adjustment as set forth in the Certificate of Designation.</footnote>
        <footnote id="F13">The Michael G. Jesselson 12/18/80 Trust and the Michael G. Jesselson 4/8/71 Trust are the direct beneficial owners of these securities.  Michael G. Jesselson is the beneficiary of each of these trusts.</footnote>
        <footnote id="F14">The initial exercise price of the Warrants is $7 per share of Common Stock, subject to adjustment as set forth in 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 &quot;Warrant Certificate&quot;).</footnote>
        <footnote id="F15">Represents (i) 71,429 shares of Common Stock initially issuable upon the exercise of 71,429 Warrants held by the Michael G. Jesselson 12/18/80 Trust and (ii) 32,143 shares of Common Stock initially issuable upon the exercise of 32,143 Warrants held by the Michael G. Jesselson 4/8/71 Trust, in each case subject to adjustment as set forth in the Warrant Certificate.</footnote>
        <footnote id="F16">Series A Convertible Perpetual Preferred Stock, par value $0.001 per share.</footnote>
    </footnotes>

    <remarks>See Exhibit 24.1 attached - Power of Attorney</remarks>

    <ownerSignature>
        <signatureName>/s/ Gordon E. Devens, Attorney-in-Fact</signatureName>
        <signatureDate>2012-09-05</signatureDate>
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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">POWER OF ATTORNEY</font></div>

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<div style="TEXT-INDENT: 36pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The undersigned hereby constitutes and appoints each of&#160;&#160;Bradley S. Jacobs and Gordon E. Devens, acting singly, the&#160;&#160;undersigned&#8217;s true and lawful attorney-in-fact to:</font></div>

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<div style="TEXT-INDENT: 36pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">(1) execute for and on behalf of the undersigned, in the&#160;&#160;undersigned&#8217;s capacity as an officer or director of XPO&#160;&#160;Logistics, Inc. (the &#8220;Company&#8221;), a Form ID, Uniform Application&#160;&#160;for Access Codes to File on EDGAR and Forms 3, 4 and 5&#160;&#160;(including amendments thereto) in accordance with Section 16(a)&#160;&#160;of the Securities Exchange Act of 1934, as amended (the&#160;&#160;&#8220;Exchange Act&#8221;), and the rules and regulations thereunder; and</font></div>

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<div style="TEXT-INDENT: 36pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">(2) do and perform any and all acts for and on behalf of&#160;&#160;the undersigned which may be necessary or desirable to complete&#160;&#160;and execute any such Form ID or Forms 3, 4 or 5 (including amendments) and timely file such forms with the United States Securities and Exchange Commission and any stock exchange or&#160;&#160;similar authority; and</font></div>

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<div style="TEXT-INDENT: 36pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">(3) take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-fact&#8217;s discretion.</font></div>

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<div style="TEXT-INDENT: 36pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The undersigned grants to each such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary or proper to be done in the exercise of any of the rights and powers granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact shall lawfully do or cause to be done by virtue of this power of attorney and the rights and powers herein granted.</font></div>

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<div style="TEXT-INDENT: 36pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The undersigned acknowledges that each such attorney-in-fact, in serving in such capacity at the request of the undersigned, is not assuming, nor is the Company assuming, any of the undersigned&#8217;s responsibilities to comply with Section 16 of the Exchange Act.&#160;&#160;The undersigned agrees that such attorney-in-fact may rely entirely on information furnished orally or in writing by the undersigned to such attorney-in-fact.</font></div>

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<div style="TEXT-INDENT: 36pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">The undersigned also agrees to indemnify and hold harmless the Company and each such attorney-in-fact against any losses, claims, damages or liabilities (or actions in these respects) that arise out of or are based upon any untrue statements or omission of necessary facts in the information provided by the undersigned to such attorney-in-fact for purposes of executing, acknowledging, delivering or filing Form ID or Forms 3, 4 or 5 (including amendments) and agrees to reimburse the Company and such attorney-in-fact for any legal or other expenses reasonably incurred in connection with investigating or defending against any such loss, claim, damage, liability or action.</font></div>

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<div style="TEXT-INDENT: 36pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">This Power of Attorney supersedes any power of attorney&#160;&#160;previously executed by the undersigned regarding the purposes outlined in the first paragraph hereof (&#8220;Prior Powers of&#160;&#160;Attorney&#8221;), and the authority of the attorneys-in-fact named in&#160;&#160;any Prior Powers of Attorney is hereby revoked.</font></div>

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<div style="TEXT-INDENT: 36pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 3, 4 or 5 with respect to the undersigned&#8217;s holdings of and transactions in securities issued by the Company, unless earlier (a) revoked by the undersigned in a signed writing delivered to the foregoing attorneys-in-fact; or (b) superseded by a new power of attorney regarding the purposes outlined in the first paragraph hereof dated as of a later date.</font></div>

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