Richard H. Rostan - May 5, 2021 Form 4 Insider Report for EXPEDITORS INTERNATIONAL OF WASHINGTON INC (EXPD)

Signature
Diane Heffner, Stock Plan Administrator, attorney-in-fact
Stock symbol
EXPD
Transactions as of
May 5, 2021
Transactions value $
-$4,537,469
Form type
4
Date filed
5/7/2021, 05:05 PM
Next filing
May 11, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXPD Common Stock Options Exercise $0 +1.97K +3.05% $0.00 66.5K May 5, 2021 Direct
transaction EXPD Common Stock Options Exercise $0 +25 +0.04% $0.00 66.5K May 5, 2021 Direct
transaction EXPD Common Stock Tax liability -$84K -738 -1.11% $113.82 65.8K May 5, 2021 Direct
transaction EXPD Common Stock Options Exercise $318K +9K +13.68% $35.32 74.8K May 5, 2021 Direct
transaction EXPD Common Stock Options Exercise $1.23M +27K +36.1% $45.56 102K May 5, 2021 Direct
transaction EXPD Common Stock Options Exercise $1.37M +29K +28.49% $47.27 131K May 5, 2021 Direct
transaction EXPD Common Stock Sale -$7.37M -65K -49.7% $113.42 65.8K May 5, 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction EXPD Restricted Stock Units ("RSUs") Options Exercise $0 -1.97K -33.33% $0.00 3.94K May 5, 2021 Common Stock 1.97K Direct F2
transaction EXPD Dividend Equivalent Rights - 2020 RSUs Options Exercise $0 -25 -33.03% $0.00 50.7 May 5, 2021 Common Stock 25 Direct F2
transaction EXPD Stock Options (Right to Buy) Options Exercise $0 -9K -100% $0.00* 0 May 5, 2021 Common Stock 9K $35.32 Direct
transaction EXPD Stock Options (Right to Buy) Options Exercise $0 -27K -100% $0.00* 0 May 5, 2021 Common Stock 27K $45.56 Direct
transaction EXPD Stock Options (Right to Buy) Options Exercise $0 -29K -100% $0.00* 0 May 5, 2021 Common Stock 29K $47.27 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $113 to $113.72, inclusive. The reporting person undertakes to provide to any security holder of Expeditors or to the SEC, upon request, full information regarding the number of shares sold at each separate price within the range stated.
F2 Each RSU and DER represent a contingent right to receive the economic equivalent of one common shares of the issuer. The RSUs and DERs vested on May 5, 2021.