Benjamin G. Clark - 24 Feb 2022 Form 4 Insider Report for EXPEDITORS INTERNATIONAL OF WASHINGTON INC (EXPD)

Role
SVP - Chief Strategy Officer
Signature
Diane Heffner, Stock Plan Administrator, attorney-in-fact
Issuer symbol
EXPD
Transactions as of
24 Feb 2022
Net transactions value
-$252,566
Form type
4
Filing time
28 Feb 2022, 15:40:20 UTC
Previous filing
17 Dec 2021
Next filing
05 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXPD Common Stock Award $0 +5,917 +56% $0.000000 16,561 24 Feb 2022 Direct F1
transaction EXPD Common Stock Award $0 +210 +1.3% $0.000000 16,771 24 Feb 2022 Direct F1
transaction EXPD Common Stock Tax liability $252,566 -2,481 -15% $101.80 14,290 24 Feb 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Common Stock received upon settlement of a 2019 performance share unit award ("PSU Award"), including Dividend Equivalent Rights, for the annual period ended December 31, 2021.
F2 Represents shares of Common Stock withheld by the Issuer to satisfy the tax withholding obligation in connection with settlement of a 2019 PSU Award issued net of tax as required by the 2019 award agreement.