Benjamin G. Clark - May 3, 2023 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 3, 2023
Transactions value $
-$38,162
Form type
4
Date filed
5/5/2023, 04:39 PM
Previous filing
May 4, 2023
Next filing
May 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EXPD Common Stock Options Exercise $0 +845 +4.25% $0.00 20.7K May 3, 2023 Direct
transaction EXPD Common Stock Options Exercise $0 +10 +0.05% $0.00 20.8K May 3, 2023 Direct
transaction EXPD Common Stock Tax liability -$38.2K -337 -1.62% $113.24 20.4K May 3, 2023 Direct

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 -845 -33.33% $0.00 1.69K May 3, 2023 Common Stock 845 Direct F1
transaction EXPD Dividend Equivalent Rights - 2022 RSUs Options Exercise $0 -10 -30.32% $0.00 23 May 3, 2023 Common Stock 10 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 3, 2023.