Jeffrey S. Musser - May 5, 2022 Form 4 Insider Report for EXPEDITORS INTERNATIONAL OF WASHINGTON INC (EXPD)

Role
President and CEO, Director
Signature
Diane Heffner, Stock Plan Administrator, attorney-in-fact
Stock symbol
EXPD
Transactions as of
May 5, 2022
Transactions value $
-$230,485
Form type
4
Date filed
5/9/2022, 12:17 PM
Previous filing
May 6, 2022
Next filing
May 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXPD Common Stock Options Exercise $0 +5.5K +5.03% $0.00 115K May 5, 2022 Direct
transaction EXPD Common Stock Options Exercise $0 +120 +0.1% $0.00 115K May 5, 2022 Direct
transaction EXPD Common Stock Tax liability -$230K -2.08K -1.81% $110.81 113K May 5, 2022 Direct
holding EXPD Common Stock 113K May 5, 2022 By Trust

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 -5.5K -50% $0.00 5.5K May 5, 2022 Common Stock 5.5K Direct F1
transaction EXPD Dividend Equivalent Rights - 2020 RSUs Options Exercise $0 -120 -49.77% $0.00 121 May 5, 2022 Common Stock 120 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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, 2022.