Frederick W. Smith - Apr 11, 2023 Form 4 Insider Report for FEDEX CORP (FDX)

Signature
/s/ Frederick W. Smith
Stock symbol
FDX
Transactions as of
Apr 11, 2023
Transactions value $
-$10,855,031
Form type
4
Date filed
4/12/2023, 06:00 PM
Previous filing
May 3, 2022
Next filing
Apr 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FDX Common Stock Options Exercise $19.7M +204K +1.42% $96.87 14.6M Apr 11, 2023 Direct
transaction FDX Common Stock Sale -$24.6M -106K -0.73% $232.11 14.5M Apr 11, 2023 Direct F1
transaction FDX Common Stock Sale -$5.97M -25.7K -0.18% $232.61 14.5M Apr 11, 2023 Direct F2
holding FDX Common Stock 902K Apr 11, 2023 By GRATs
holding FDX Common Stock 4.14M Apr 11, 2023 By Family Holding Company
holding FDX Common Stock 736 Apr 11, 2023 By Wife
holding FDX Common Stock 2.61K Apr 11, 2023 Retirement Plan F3

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 FDX Non-qualified Stock Option (Right to Buy) Options Exercise $0 -204K -100% $0.00* 0 Apr 11, 2023 Common Stock 204K $96.87 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $231.50 to $232.49, inclusive. The reporting person undertakes to provide to FedEx Corporation, any security holder of FedEx Corporation, or the staff of the Securities & Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $232.50 to $232.99 inclusive. The reporting person undertakes to provide to FedEx Corporation, any security holder of FedEx Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
F3 Ownership has been adjusted to reflect 50 shares that were acquired via dividend reinvestment as a result of dividends paid to all stockholders.
F4 The options exercised in this transaction were scheduled to expire on 3 June 2023.
F5 These options vest ratably over four years from the date of grant and are first exercisable one year from date of grant.