Jeffrey S. Musser - 04 May 2023 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
Issuer symbol: EXPD
Transactions as of: 04 May 2023
Net transactions value: -$189,069
Form type: 4
Filing time: 08 May 2023, 14:36:57 UTC
Previous filing: 05 May 2023
Next filing: 09 May 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EXPD	Common Stock	Options Exercise	$0	+4,242	+3%	$0.000000	144,551	04 May 2023	Direct
transaction	EXPD	Common Stock	Options Exercise	$0	+94	+0.07%	$0.000000	144,645	04 May 2023	Direct
transaction	EXPD	Common Stock	Tax liability	$189,069	-1,605	-1.1%	$117.80	143,040	04 May 2023	Direct
holding	EXPD	Common Stock						112,513	04 May 2023	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	-4,242	-50%	$0.000000	4,242	04 May 2023	Common Stock	4,242		Direct	F1
transaction	EXPD	Dividend Equivalent Rights - 2021 RSUs	Options Exercise	$0	-94	-50%	$0.000000	94	04 May 2023	Common Stock	94	$0.000000	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 4, 2023.